---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-054577"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T12:50:10.467644+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PMT reports Q3 net loss of $43.9M; book value down to $19.79

## Summary
- Net loss attributable to common shareholders of $43.9M ($0.45 diluted loss), vs net income of $31.9M in Q2.
- Book value per common share fell to $19.79 from $20.77 at June 30, 2021.
- Interest Rate Sensitive Strategies segment pretax loss of $116.8M, driven by $62.8M MSR fair value decline and hedging losses.
- Credit Sensitive Strategies pretax income of $60.7M, led by $73.9M net gain on CRT investments.
- Conventional correspondent production $28.6B UPB, down 6% QoQ; raised $250M from preferred share offering.

## SEC filing metadata
- accession: 0001564590-21-054577
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1464423/000156459021054577/0001564590-21-054577-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000156459021054577/pmt-8k_20211104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-054577
- JSON: https://secwatch.observer/filing/0001564590-21-054577.json
- Plain text: https://secwatch.observer/filing/0001564590-21-054577.txt

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