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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 SandHeadson Apr 17, 2014 12:44am
184 Views
Post# 22461721

RE:Good Pop, Can it sustain?

RE:Good Pop, Can it sustain?If they have been getting high prices for some of their gas on the spot market things maybe better then we think. they may end up not having to sell any assets if they can get their credit lines increased and extended. Some analysts and nanagers are predicting $5+ gas come October and PMT is one of tbe most leveraged plsys in the industry. So i think we are now headed to $2.40.
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