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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 Apr 11, 2016 9:14am
89 Views
Post# 24751031

RE:RE:RE:Panny Lead Pilot-maybe a success??

RE:RE:RE:Panny Lead Pilot-maybe a success??to early to clamin Panny Lead pilot a success but they are getting double the expected oil recovery which can't be a bad thing.

If this new technology is much cheaper to develop than oil sands mining or SAGD and better for the environment which might get the  some bonus markets for the NDP government, maybe even more cash to expand the pilot progect.

like I said a long time ago, Panny lead could be a company making on it's own, and I can guarantee you one thing, the panny assets and the Lead technology in not baked into the current PMT stock price.

so again PMT shows that they can survive the current low price environment with entreprenurial management team and conserative development of their assets.

we might not get an panny news for months yet but they will need to summarize it in q1 report.

GLTA
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