PennyMac Mortgage Investment Trust T.PMT

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

Real Estate REIT - Diversified

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

PennyMac Mortgage Investment Trust

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Post by SandHeadson Jan 10, 2014 10:33am

93 Views

Post# 22077832

92 cent dollar? What is the effect on PMT?

You would think the 92 cent dollar would be driving energy producers higher like it is driving lumber producers higher? But it is not. Why is that. Can anyone explain what effect this 92 cent dollar has on Perpetuals cash flow. To me, PMT's cash flow should be much higher then when we had a $C1.03 dollar. Just a few years ago oil was called Black Gold. Gas and oil should be protection against a falling dollar imho. But it's not at the moment. Why is that.

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