PMT News and Press, PennyMac Mortgage Investment Trust of Beneficial Interest From 01/01/23

Summary I’m not bitter about 2022. And I’m not worried about 2023, even with the looming recession we’re supposed to be in for. Instead, I’m writing out my list of resolutions as I do every year with the same good cheer I’ve had in the past. Let me...

Summary Dividend yields: 7.8% to 15%. Dramatic discounts to net asset value. Price to NAV range: .36 to .86. Recent plunge created new opportunities. We just bought more in one of these picks. Get ready for charts, images, and tables because they are better than words. T...

Summary PMT-C offers investors an attractive yield over 10% with about 50% upside to call value. I don't expect a call, but it's nice to know the ceiling is so high. PMT-B is a better choice than PMT-A today. While PMT-A floats sooner, PMT-B is $.99 cheaper and will have a slightly high...

Summary Short and simple questions can be the key to unlocking promising investment or trade ideas. My technical analysis framework based on Trend Flow, Support/Resistance Location, and False Breakout Traps suggests a bearish outlook for the MORT ETF and underperformance vs the S&P ...

Summary The "American Dream" has gotten expensive as housing affordability is at decadal lows and the mortgage market is seeing slowdown. My technical analysis framework based on the Flow, Location, and Trap strategy suggests that the PennyMac Mortgage Investment Trust is bound to fall ...

Summary Four picks. Three big yields. 9.8% to 17.3%. The one over 17% clearly has more risk. Discounts range from 27% to 61%. That creates dramatic upside in the shares. We own shares in each of these picks. Granite Point Mortgage Trust [[GPMT]] is another reasonable choic...

Summary These shares offer significant capital gains to go along with big dividend yields. We've been swapping between shares in the sector to achieve much better results than the sector. Most of our position started and ended in the same share. If you can turn 2,677 shares into 3,4...

Summary U.S. equity markets retreated this week as investors positioned for the upcoming FOMC meeting while a chorus of analysts and executives expressed doubt on the likelihood of a "soft landing." Posting its worst week since mid-September, the S&P 500 slid 3.3% on the week - slum...

Summary The yield curve is severely inverted. The time to cut rates is coming. Many people still think inflation is running hot, but monthly increases are mostly driven by a few popular items. When we look into those items, we see huge temporary problems in the supply chain. Kee...

PennyMac Mortgage Investment Trust ( NYSE: PMT ) declares $0.40/share quarterly dividend , -14.9% decrease from prior dividend of $0.47. Forward yield 10.86% Payable Jan. 27; for shareholders of record Dec. 30; ex-div Dec. 29. See PMT Dividend Scorecard, Yield Ch...