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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 alkhoron Nov 21, 2015 11:34pm
108 Views
Post# 24313328

RE:RE:RE:RE:Powdering the cracks, and covering up the warts and red ink.

RE:RE:RE:RE:Powdering the cracks, and covering up the warts and red ink.My two cents worth. having the offering in conjuction with paying out the debentures with shares at least saves some of the the shareholders value. I'm not happy with it as it will cost me 16 cents a share to have only minor dilution, but without the offering the debentures would end up owning most of the company. Look at the fiascal at DGI, where the debenture owners have just inherited the company due to inept management.
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