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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 theancienton Jan 14, 2015 11:08pm
68 Views
Post# 23321337

RE:RE:RE:Soared??

RE:RE:RE:Soared??Asset write down is just a number, it can adjust upward again in the future
PMT touch new low then a good bounce, but volume is too low to trade, it might retest the low shortly, it's too bad if a shareholder  have to sell PMT for some cash,
The rig count is about the same as last year, and dropping fast, but NG production is still higher than consumption, things look like the worst is still to come, this will change before spring, the worst is going to be over before you know it.
I started to go long today, LOL CHEERS GLTA
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