PMT has been in the news 563% more than usual
Feb 04, 2025, 11:32 PM
7.29%
What does PMT do
PennyMac Mortgage Investment Trust, headquartered in California, focuses on investing in residential mortgage loans and related assets through its operating partnership. The company, which went public in 2009, has segments in credit-sensitive and interest rate-sensitive strategies.
PMT has been in the news recently: PennyMac Financial Services, Inc. is planning to offer $850 million in Senior Notes due 2033 to repay debt and support corporate activities. Additionally, PennyMac Mortgage Investment Trust is also issuing senior notes due 2030 to finance investments and repay existing debt.
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