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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 Jan 28, 2015 12:24am
156 Views
Post# 23370991

Buying CNR at high price; ouch !

Buying CNR at high price; ouch !Agree with Specto:  If one or two new LNG export facilities get built in north america, that will shoot up nat gas prices.

Listen to this bnn link: Berkow warns if oil prices stay the same, then only 1 out of 5 canadian oil companies will survive !         https://www.bnn.ca/Video/player.aspx?vid=539335

I have watched the Railways go up 2 -5 % this week, so placed an order tonite
for 200 more CNR shares  (to keep my CPR shares company.)
My two railways have done vastly better this last 3 years than all my other stocks combined.
And fuel prices for their diesels should be cheap for 4 years.
And manufacturing in eastern Canada should be good.
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