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PennyMac Mortgage Investment Trust T.PMT


Primary Symbol: PMT Alternate Symbol(s):  PMT.PR.A | PMT.PR.B | PMT.PR.C | PMTU

PennyMac Mortgage Investment Trust is a specialty finance company. The Company invests primarily in mortgage-related assets. The Company conducts all its operations, and makes investments, through PennyMac Operating Partnership, L.P. and its subsidiaries. The Company's segments include credit sensitive strategies, interest rate sensitive strategies, correspondent production, and corporate. The credit sensitive strategies segment represents its investments in credit risk transfer (CRT) arrangements, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The interest rate sensitive strategies segment represents its investments in MSRs, excess servicing spread (ESS) purchased from PFSI, Agency and senior non-Agency MBS and the related interest rate hedging activities. The Correspondent Production segment serves as an intermediary between lenders and the capital markets by purchasing, pooling and reselling credit quality loans.


NYSE:PMT - Post by User

Comment by oldrancheron Mar 06, 2013 7:35pm
123 Views
Post# 21090723

RE: Sunny day in the land of Riddel

RE: Sunny day in the land of Riddel

For those that haven't followed TOU,  i could be wrong here, but i think the guy that runs it is Sue's husband.

So Clayton has probably been mentoring him for years ( although we have to give Mr. Rose and his handful of buddies full credit, as well, for a job well done; ie, say, Duverney Oil, which they sold in a takeover).

So when old Clayton, god rest his soul,  kicks the bucket,  Mr. Rose might be fully groomed by then to become the new  Jezzus Khriste of the Riddel empire.  ( Sue would be in the back room counting the money).

(if i got the wrong two married up, my apologies in advance)

Just speculating, in my opinion only, dyodd.

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