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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 shambano1on Oct 13, 2015 2:40pm
53 Views
Post# 24187714

Low prices mean demand will grow

Low prices mean demand will growAt current prices demand for ng will continue to grow, so even if ng supplies keep growing or level off demand will be increasing until prices go higher. On the supply side we still have a fraclog and associate ng from oil wells and they have a fraclog as well. Drill rigs will keep falling and frac log wells will keep falling. Sooner or later, production has to drop but demand will not be falling. I'm more invested in oil right now, but pmt will go up regardless of ng prices, but they will come around, sooner or later
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