PennyMac Mortgage Investment Trust T.PMT

Primary Symbol: PMT Alternate Symbol(s): PMT.PR.A | PMT.PR.B | PMT.PR.C | PMTU

Real Estate REIT - Diversified

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

PennyMac Mortgage Investment Trust

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Post by shambano1on Apr 28, 2016 1:34pm

65 Views

Post# 24821278

reserved based NAV

pre swap 1 equals 4.98 per share but theroetically this will go up by the vlaue of the swap 1 by 60 million of over 1.00 per share is NAV, so somewhere in low 6's and you are getting all of this for 1.22.

sounds like a good deal to me.
dyodd

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