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PennyMac Mortgage Investment Trust
PMT
Alternate Symbol(s):
PMT.PR.A
|
PMT.PR.C
|
PMT.PR.B
|
PMTU
|
PMTV
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PMTW
Financial Services
PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-agency MBS, and collateralized mortgage obligations (CMOs), as well as interest rate hedging activities. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored enterprises. It has elected to be taxed as a real estate investment trust (REIT). It is not subject to U.S. federal i...
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NYSE:PMT - Post by User
PennyMac Mortgage Investment Trust
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sicnarf2
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Post by
sicnarf2
on Oct 02, 2022 7:41am
425 Views
Post# 35000001
Price at a yearly low
Price at a yearly low
And yielding 16 % ,what's going on?
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