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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 shambano1on Oct 10, 2015 2:56pm
32 Views
Post# 24182409

RE:weekly drill rig data

RE:weekly drill rig dataSands the time to go bullish in ng is now. Reduced credit lines, reduced hedges, reduced drilling, increased demand, large declnes in first few years of production of shale wells, reduced by-product ng, reducing frac log. Inventories are 4% above 5 year averages which doesn't explain why gas prices are 100% below 2014 prices, seems kind of severe for such a small surplus. The question that we should really be asking is at what price will producers start to increase production because outside of some increases in utica dry gas production all other shale fields are in decline orvsrsying flat. The winter weather does need to be another polar vortex for prices to go up as long as demand rises and supply stats flat. Like I said earlier, ng prices will hit 4 plus this winter. Glta
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