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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 13, 2015 7:41pm
40 Views
Post# 24188549

RE:1 LNG Plant

RE:1 LNG PlantI don't think the politics will make a big difference, they can talk all they want but when royalties and taxes drop because drilling and produciton are falling then all bets are off, and even the Alberta NDP have to help the industry not kill it othewise their tenure will be very short lived.

the voters that wanted change and voted NDP, didn't want to lose their jobs because the province wants to enact legislation that will make it impossible for O&G companies to compete.

when budgets are in severe trouble, they will back off or at least make new taxes contingent on much higher commodity prices.

if they stay in power for 2 terms then pensions really kick in, so keep the voters happy will be their moto, not kill the biggest employer and tax payer in the province.

but hey i could be totally off base, maybe there are politicians that care more about the environment than their pensions, nah I doubt it.

GLTA
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