---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-174670"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2024-07-03T23:59:59+00:00"
generated_at: "2026-05-31T23:28:13.280708+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PennyMac Mortgage Investment Trust issues $355M secured term notes for Fannie Mae MSR financing

## Summary
- Issued $355M Series 2024-FT1 Term Notes through subsidiaries, secured by Fannie Mae mortgage servicing rights.
- Notes mature December 27, 2027; optional six-month extension available; floating rate based on SOFR plus spread.
- Notes rank pari passu with existing term notes and variable funding notes in the structured finance transaction.
- Contains customary advance rate reduction events, early amortization events, and margin call provisions.
- Proceeds provide additional financing for mortgage servicing rights and related excess servicing spread receivables.

## SEC filing metadata
- accession: 0001193125-24-174670
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2024-07-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000119312524174670/0001193125-24-174670-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000119312524174670/d833065d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-174670
- JSON: https://secwatch.observer/filing/0001193125-24-174670.json
- Plain text: https://secwatch.observer/filing/0001193125-24-174670.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.