secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Mortgage Investment Trust (PMT)
CIK:        0001464423
Form:       8-K
Filed at:   2026-07-29T20:43:48+00:00
Accession:  0001193125-26-324102
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PMT Q2 net income $20M ($0.23/diluted); shifts from MSRs to credit investments
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- Net income attributable to common shareholders of $20M, or $0.23 per diluted share; net investment income $73M.
- Book value per share $14.83, down 1% Q/Q; dividend maintained at $0.40 per common share.
- Agreed to sell $13B UPB of low-coupon Agency MSRs; stopped acquiring Agency-eligible conventional loans in June.
- Closed six securitizations totaling $2.2B UPB, generating $120M net new non-Agency subordinate bond investments.
- Credit Sensitive Strategies segment ROE 11%; Interest Rate Sensitive ROE 3%; Aggregation & Securitization ROE 21%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1464423/000119312526324102/0001193125-26-324102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1464423/000119312526324102/d25774d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-324102

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