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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 Apr 15, 2013 9:31pm
106 Views
Post# 21257378

Red Ink Day and lousy 2013

Red Ink Day and lousy 2013

Talk about lousy oil and gas share prices this last while;

and what a shocker this week.

Sounds like there is still one person on this board that still has riches to tap to buy more stock; good for you.

The gold investers sure took a beating this last while; glad i don't own any;

but look how Barrick Gold has had such a string of bad situations; and today Oisika (spelling) took a big hit.

I think with the usa printing trillions of dollars of money this last few years, and the s.e. 2/3 of europe going down the tube, that a lot of investers may be slipping in to their coffins before they make any money in the stock market; only the Big Boys in new york, singapore, chicago, london, frankfurt etc make money; and it comes from the other side of the trades of the stupid man and woman on the street like most of us. (not suggesting you guys are that stupid now; but how many regular investers can really say they netted profits this last few months? )

 

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