PMT

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 69 classes of mortgage-backed notes from PMT Loan Trust 2026-INV9 (PMTLT 2026-INV9), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2026-INV9 comprises 1,116 fixed-rate mortgages (FRMs) with an aggregate principal balance of $398.1 million as of the September 1, 2026 cut-off date. The underlying pool consists of agency-eligible.

PennyMac Mortgage Investment Trust (PMT) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that it will present jointly with PennyMac Financial Services, Inc. (NYSE: PFSI) at the Barclays 24th Annual Global Financial Services Conference. Chairman and Chief Executive Officer David Spector and Senior Managing Director and Chief Financial Officer Daniel Perotti will participate in a fireside chat at 9:45 a.m. Eastern Time on Tuesday, September 15, 2026. A link to the live audio webc.

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that it will present jointly with PennyMac Mortgage Investment Trust (NYSE: PMT) at the Barclays 24th Annual Global Financial Services Conference. Chairman and Chief Executive Officer David Spector and Senior Managing Director and Chief Financial Officer Daniel Perotti will participate in a fireside chat at 9:45 a.m. Eastern Time on Tuesday, September 15, 2026. A link to the live audio webc.

We take a look at the action in preferreds and baby bonds through the third week of August and highlight some of the key themes we are watching. Preferreds credit spreads remain tight, but median yield-to-worst has risen as long-term rates increase, favoring fixed-rate over floating-rate preferreds in some cases. The Ninth Circuit ruled in favor of PennyMac Mortgage Investment Trust, allowing fixed coupons on LIBOR Fix/Floating preferreds post-LIBOR cessation.

PennyMac Mortgage Investment Trust (PMT) 2030 9% baby bonds (PMTW) offer stability and strong yield amid macro volatility. PMT's Q2 2026 EPS failed to cover the common dividend, and book value declined, but high-ROE segments and asset optimization are underway. PMTW trades with low volatility and an 8.7% yield to maturity, outperforming peer REIT baby bonds despite sector headwinds.

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees has declared cash dividends for the third quarter of 2026 on its 8.125% Series A Preferred Shares (NYSE: PMT PRA), its 8.000% Series B Preferred Shares (NYSE: PMT PRB) and its 6.750% Series C Preferred Shares (NYSE: PMT PRC). In accordance with the terms for each preferred series, the dividend information is as follows: Series   Ticker   Annual Dividend Rate   Div.

BZZUF, GPI and PMT have been added to the Zacks Rank #5 (Strong Sell) List on August 11, 2026.

PennyMac Mortgage Investment Trust (PMT) fixed the rates on its floating rate preferreds, PMT.PR.A and PMT.PR.B, instead of transitioning to a new floating benchmark. Legal action is ongoing as investors have sued PMT over this rate decision, which has left these preferreds with yields similar to the fixed-rate PMT.PR.C. We go over why we believe the A and B shares have a very solid risk-reward here.

PennyMac Mortgage Investment Trust NYSE: PMT reported second-quarter net income of $20 million, or $0.23 per diluted common share, as lower contributions from credit-sensitive and aggregation-and-securitization strategies were partly offset by stronger results in interest-rate-sensitive investments.