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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

Post by oldrancheron Mar 15, 2013 12:03am
177 Views
Post# 21133436

Thanks, Hugo

Thanks, Hugo

Seeing as how we had discussed the Thai process a short while back, your Update, Hugo,  was very interesting (and surprising that they still have subdued reponse so far); thanks.

Well Sigma; you took the words right out of my mouth on your "in bed .... zing" post !

Good question though, Greenhawk, about locking in nat gas cheap prices;   I surmise, Cglen, that what it comes down too also, is that there are not a lot of the relatively-new natural gas generating plants in north america (compared to old coal generating plants) so we don't see a big demand of volume from them locking in low prices, but i bet quite of few did; and maybe that is one reason for the recent increase in nat gas prices.

LNG-fueled tug-boat is one of the new modern boats a guy showed me on his smart phone today (think it was in China or Japan).

Anyways, it was a good day for share prices in Canadian Natural Resources as well as Tourmaline ( the latter should hit $40/share pretty soon ).

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