{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-072746","form_type":"8-K","ticker":"PMT","cik":"0001464423","company_name":"PennyMac Mortgage Investment Trust","filed_at":"2024-03-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.247892+00:00","generated_at":"2026-06-04T11:28:08.589914+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PennyMac Mortgage enters $2B structured note facility with Goldman Sachs; $375M committed","bullets":["Series 2024-VF1 Note: max principal balance $2B, aggregate committed amount $375M.","Initial 2-year term expires March 15, 2026; then amortizes over 12 months.","Note is pari passu with existing variable funding notes and term loans in the structured finance transaction.","PMT, PMC, and PMH guarantee PMC FMSR VFN Funding and PMH FMSR VFN Funding performance.","Financing used for Fannie Mae mortgage servicing rights and related excess servicing spread and advance receivables."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-072746","json":"https://secwatch.observer/filing/0001193125-24-072746.json","markdown":"https://secwatch.observer/filing/0001193125-24-072746.md","text":"https://secwatch.observer/filing/0001193125-24-072746.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464423/000119312524072746/0001193125-24-072746-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464423/000119312524072746/d776237d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T11:28:08.589914+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"94fadd9bd7c5e68f7f7f014af921506eb7ce27f4","claim":"PennyMac Mortgage Investment Trust incurred credit facility of $2 billion with Goldman Sachs Bank, USA maturing March 15, 2026.","evidence_excerpt":"to expire on March 15, 2026, at which point the Series 2024-VF1 Note amortizes over 12 months prior to termination. The maximum principal balance of the Series 2024-VF1 Note is $2 billion and the aggregate committed amount is $375 million. The Series 2024-VF1 Note is pari passu with the other variable funding notes, term notes, and term loans previously issued as","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1464423/000119312524072746/0001193125-24-072746-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$2 billion"},{"label":"Counterparty","value":"Goldman Sachs Bank, USA"},{"label":"Maturity","value":"March 15, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"956916bacfe2cc0a38f089fd2f3311ab55b80a05","claim":"PennyMac Mortgage Investment Trust entered into Series 2024-VF1 Note with Goldman Sachs Bank, USA valued at $375 million (effective 2024-03-15).","evidence_excerpt":"On March 15, 2024, PennyMac Mortgage Investment Trust (the “Company”), through four of its indirect, wholly owned subsidiaries, PMT ISSUER TRUST—FMSR (“Issuer Trust”), PMT CO-ISSUER TRUST I—FMSR (“Co-Issuer Trust”), PennyMac Corp. (“PMC”), and PennyMac Holdings, LLC, (“PMH”) entered into a Series 2024-VF1 Note with Goldman Sachs Bank, USA (“Goldman”), as part of the structured finance transaction that PMC uses to finance Fannie Mae mortgage servicing rights and related excess servicing spread and servicing advance receivables.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1464423/000119312524072746/0001193125-24-072746-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Goldman Sachs Bank, USA"},{"label":"Value","value":"$375 million"},{"label":"Effective","value":"2024-03-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}