| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 263,488 | - | ||
| Short-term investments at fair value | 181,043 | - | ||
| Mortgage-backed securities at fair value pledged to creditors | 4,609,164 | - | ||
| Loans held for sale at fair value (2,398,221 and 2,087,615 pledged to creditors, respectively) | 2,421,033 | - | ||
| Loans held for investment at fair value (5,981,451 and 2,191,869 pledged to creditors, respectively) | 5,983,197 | - | ||
| Derivative assets-Non Affiliates | 51,345 | - | ||
| Derivative assets-Penny Mac Financial Services Affiliated Entity | 7,097 | - | ||
| Deposits securing credit risk transfer arrangements pledged to creditors | 1,033,008 | - | ||
| Mortgage servicing rights at fair value (3,608,170 and 3,807,065 pledged to creditors, respectively) | 3,668,755 | - | ||
| Servicing advances (50,338 and 89,396 pledged to creditors, respectively) | 61,599 | - | ||
| Due from pennymac financial services, inc-Penny Mac Financial Services Affiliated Entity | 18,171 | - | ||
| Other (527 pledged to creditors as of december 31, 2024) | 227,771 | - | ||
| Total assets | 18,525,671 | - | ||
| Assets sold under agreements to repurchase | 7,708,183 | 6,826,855 | ||
| Mortgage loan participation purchase and sale agreements | 0 | 8,413 | ||
| Carrying value of notes | 2,253,262 | - | ||
| Unamortized debt issuance costs-Notes Payable | 4,653 | - | ||
| Derivative and credit risk transfer strip liabilities at fair value | - | 13,474 | ||
| Notes payable secured by credit risk transfer and mortgage servicing assets | 2,248,609 | 2,666,133 | ||
| Unsecured senior notes | 876,510 | 875,225 | ||
| Interest-only security payable at fair value | 36,558 | 36,553 | ||
| Asset-backed financing of variable interest entities at fair value | 5,439,582 | 4,176,128 | ||
| Derivative and credit risk transfer strip liabilities with non-affiliates at fair value-Non Affiliates | 10,407 | - | ||
| Derivative liabilities-Penny Mac Financial Services Affiliated Entity | 1,779 | - | ||
| Accounts payable and accrued liabilities | 135,585 | 141,699 | ||
| Due to pennymac financial services, inc-Penny Mac Financial Services Affiliated Entity | 40,165 | 30,604 | ||
| Income taxes payable | 143,832 | 155,326 | ||
| Liability for losses under representations and warranties | 5,152 | 5,064 | ||
| Total liabilities | 16,646,362 | 14,935,474 | ||
| Preferred shares of beneficial interest, 0.01 par value per share-authorized 100,000,000 shares, issued and outstanding 22,400,000, liquidation preference 560,000,000 | 541,482 | 541,482 | ||
| Common shares of beneficial interest, 0.01 par value-authorized, 500,000,000 issued and outstanding, 87,016,604 and 86,860,960 shares, respectively | 870 | 870 | ||
| Additional paid-in capital | 1,926,552 | 1,925,740 | ||
| Accumulated deficit | -589,595 | -602,447 | ||
| Total shareholders equity | 1,879,309 | 1,865,645 | ||
| Total liabilities and shareholders equity | 18,525,671 | 16,801,119 | ||
PennyMac Mortgage Investment Trust (PMT)
PennyMac Mortgage Investment Trust (PMT)