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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 oldrancheron Aug 06, 2015 12:05am
53 Views
Post# 23993169

RE:new PMT presentation

RE:new PMT presentationThanks, Shammy, for that great link;

Sue did a fabulous job of presenting the facts about their assets,

and that was the most colorful presentation i ever saw (selection of bright colors).

But of course that link didn't show much about the dismal financials, and the
new reality of "less than half value of world crude".

Boy, are  the oil and gas markets, especially oil, ever in a low price jam-up
with all the world supply.

Those of us caught with oil and gas investments/shares will be in the doghouse for years.

Yup; we should have been in a different sector.

Look at the 90% drop in earnings for Imperial Oil  this last quarter; wow.
We can not blame any  company for the new reality of over supply in oil.
They all were bullish, and got caught in bad markets.

It sure changes one's financial well-being.

Hugo,  you have been very quiet.  How are your shares in the gambling house doing?
You might be the only one here making any money  !


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