2 Followers USX:PMT - PennyMac Mortgage Investment Trust PennyMac Mortgage Investment T
Sector: Financials, Industry: Mortgage REITs
Next Earnings: 25 Apr 2024
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USD 14.52    +0.18 (+1.26%)

27 Mar 2024


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General

CEO: Mr. David A. Spector

IPO: 2009-07-30

Headquarters: US

Employees: 0

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Description

PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. The company’s operations include activities such as the production and servicing of financial securities based on residential loans and the pooling and reselling of high-credit-quality mortgages. The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. The Credit sensitive strategies segment generates income via investments in CRT arrangements, subordinate MBS, distressed loans, and real estate.

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