{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-282092","form_type":"8-K","ticker":"PMT","cik":"0001464423","company_name":"PennyMac Mortgage Investment Trust","filed_at":"2024-12-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.498701+00:00","generated_at":"2026-05-29T01:23:46.724942+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"PMT extends key related-party agreements to Dec 2029; modifies management fees and servicing rates","bullets":["Management Agreement extended to Dec 31, 2029; base fee tiers: 1.5% on equity up to $2B, 1.375% on $2-5B, 1.25% above $5B.","Performance incentive fee now payable annually; tiers: 10% on 8-12% ROE, 15% on 12-16%, 20% above 16% ROE adjusted for high watermark.","Flow Servicing Agreement extended; base servicing fee: $7.50/month fixed-rate, $8.50/month adjustable-rate loans.","MSR Recapture Agreement extended; recapture fee: 70% of fair market value for first 30% recapture rate, 40% for excess up to 50%.","MBS Agreement extended; fulfillment fees capped at $585/commitment up to 16,500/quarter, then $355; plus $315/purchased loan up to 16,500, then $195."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-282092","json":"https://secwatch.observer/filing/0001193125-24-282092.json","markdown":"https://secwatch.observer/filing/0001193125-24-282092.md","text":"https://secwatch.observer/filing/0001193125-24-282092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1464423/000119312524282092/0001193125-24-282092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1464423/000119312524282092/d916203d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T01:23:46.724942+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}