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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

Post by shambano1on Nov 23, 2016 8:57am
61 Views
Post# 25500859

Cold winter buy natgas

Cold winter buy natgasIt's going to be a cold winter and that means higher ng prices. For pmt that means positive cf and better economics on asset sales to lower debt. It also means more value from you shares, so this should mean a higher price for pmt shares. My 3.00 per share prediction didn't materialize this year but if you had purchased pmt when I made that prediction you would still have doubled your money. My prediction for pmt shares price for 2017 is 3.25 to 3.75 depending on how high ng prices go. If they don't get privatized before the shares have a chance to rise due to higher ng prices during winter.
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