PennyMac (PMT) Q2 2025 Earnings Call Transcript

Image source: The Motley Fool.Need a quote from one of our analysts? Email pr@fool.comPennyMac Mortgage Investment Trust (NYSE:PMT) reported a GAAP net loss for Q2 2025 due to nonrecurring tax charges and market-driven fair value declines, while management maintained a stable $0.40 per share dividend. Continued growth in securitization volume enabled new investments. The company continued to allocate capital toward organically sourced MSR and CRT portfolios while expanding its private label securitization program. Leverage ratio excluding nonrecourse debt was 5.6 times as of June 30, consistent with past levels, as nonrecourse financing related to securitization grew materially. A renewed agreement with PennyMac Financial Services, Inc. ensures the option to purchase up to 100% of non-government correspondent production for strategic investment.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool