---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-003831"
form_type: "8-K"
ticker: "PMT"
cik: "0001464423"
company_name: "PennyMac Mortgage Investment Trust"
filed_at: "2022-02-03T23:59:59+00:00"
generated_at: "2026-06-27T11:38:59.416900+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PMT Q4 net loss $27.3M (-$0.28/sh); book value falls to $19.05

## Summary
- Q4 net loss attributable to common shareholders $27.3M, or -$0.28 diluted EPS; prior quarter net loss was $43.9M.
- Book value per common share dropped to $19.05 at Dec 31 from $19.79 at Sep 30; pro forma $18.60 after accounting change.
- Conventional correspondent loan production fell 40% QoQ to $17.2B UPB due to GSE and other competition.
- Interest Rate Sensitive Strategies segment recorded a $43.2M pretax loss, driven by $84.0M MSR fair value decline.
- Chairman expects near-term headwinds but sees opportunities in CRT and private-label securitization as rates rise.

## SEC filing metadata
- accession: 0001564590-22-003831
- form_type: 8-K
- ticker: PMT
- cik: 0001464423
- company_name: PennyMac Mortgage Investment Trust
- filed_at: 2022-02-03T23:59:59+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/1464423/000156459022003831/0001564590-22-003831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1464423/000156459022003831/pmt-8k_20220203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-003831
- JSON: https://secwatch.observer/filing/0001564590-22-003831.json
- Plain text: https://secwatch.observer/filing/0001564590-22-003831.txt

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