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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 Nov 14, 2015 9:17am
70 Views
Post# 24291417

RE:RE:RE:I AM BUYING

RE:RE:RE:I AM BUYINGNobody knows the future so I won't hazzard a guess but there are other factors besides just commodity prices. Can pmt find more deals to bring in extra cash? Any more jv possibilities, they do have some promising land in Columbia, 10,000 acres, do maybe another farm out to TOU?? And don't forget panny lead pilot will be flowing oil in q1-16, a nice number here could go a long way to bringing in much needed cf. If we were talking about a regular small cap junior oil, I'd say the writting is on the wall but IMHO pmt is not that, so I say any number of developments can occur to supplement cash and increase shareholder value. But higher ng prices will.go a long way and much quicker. I say sideways for now but I wouldn't complain if Clayton picjs uo a few million shares sub 0.50 either. Glta
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