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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 gilllison May 10, 2022 10:51am
232 Views
Post# 34670333

RE:RE:RE:RE:RE:RE:PMT up 21% and no comments? What is going on?

RE:RE:RE:RE:RE:RE:PMT up 21% and no comments? What is going on?you may be right after all. Your reasoning makes sense as the Rose family is the largest shareholder of both PMT and RBY l think. So growing the value of both companies independently benefits them a lot. I was positioning myself as a TOU shareholder which l am and it then make sense to buy PMT when its market value is still very low but its potential very significant. For me, it makes sense for TOU to buy PMT now but for the Rose family, it may be better that the takeover be delayed. And since l am also a PMT shareholder, it may be better for me after all.
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