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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 SandHeadson Aug 16, 2013 5:12pm
244 Views
Post# 21677512

Without a cold winter nat gas prices arn't going anywhere imho

Without a cold winter nat gas prices arn't going anywhere imhoWithout a very cold winter nat gas prices probably arn't going anywhere imho. Canadian storage maybe full before the end of Aug and nat gas prices could fall to prices we never thought possible imho. People may be buying  PMT at lower prices next spring. Last year we hit 84 cents I think? The company has plenty of debt and debentures they have tp pay interest on (7 or 8) percent. A warm winter is something we just have to hope doesn't happen. The weather could decide it
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