| Cash Flow | 2025-09-30 |
|---|---|
| Net income | 75,510 |
| Net gains on investments and financings | 160,080 |
| Net gains on loans held for sale | 45,007 |
| Change in fair value of mortgage servicing rights | -336,097 |
| Mortgage servicing rights hedging results | 127,941 |
| Accrual of unearned discounts and amortization of purchase premiums on mortgage-backed securities, loans held for investment, and asset-backed financings | 27,036 |
| Amortization of debt issuance costs | 15,322 |
| Results of real estate acquired in settlement of loans | -169 |
| Share-based compensation expense | 2,613 |
| Purchase of loans held for sale from nonaffiliates | 59,033,943 |
| Purchase of loans held for sale from pennymac financial services, inc-Penny Mac Loan Services Llc | 5,673,014 |
| Sale to nonaffiliates and repayment of loans held for sale | 7,480,047 |
| Sale of loans held for sale to pennymac financial services, inc-Penny Mac Loan Services Llc | 52,856,500 |
| Repurchase of loans subject to representations and warranties | -21,113 |
| Decrease in servicing advances | -43,309 |
| Increase in due from pennymac financial services, inc-Penny Mac Loan Services Llc | 2,156 |
| Decrease (increase) in other assets | -131,263 |
| Decrease in accounts payable and accrued liabilities | -3,838 |
| Increase in due to pennymac financial services, inc | 9,959 |
| Decrease in income taxes payable | -20,029 |
| Net cash used in operating activities | -3,907,486 |
| Net (increase) decrease in short-term investments | 77,845 |
| Purchase of mortgage-backed securities | 942,462 |
| Sale and repayment of mortgage-backed securities | 552,184 |
| Repayment of loans held for investment | 299,531 |
| Net settlement of derivative financial instruments | -5,110 |
| Distribution from credit risk transfer arrangements | 115,232 |
| Purchase of mortgage servicing rights | 0 |
| Transfer of mortgage servicing rights relating to delinquent loans to agency | 675 |
| Sale of real estate acquired in settlement of loans | 686 |
| (increase) decrease in margin deposits | 74,811 |
| Net cash (used in) provided by investing activities | -123,050 |
| Sale of assets under agreements to repurchase | 88,710,128 |
| Repurchase of assets sold under agreements to repurchase | 87,506,607 |
| Issuance of mortgage loan participation purchase and sale agreements | 665,124 |
| Repayment of mortgage loan participation purchase and sale agreements | 676,775 |
| Issuance of notes payable secured by credit risk transfer and mortgage servicing assets | 150,000 |
| Repayment of notes payable secured by credit risk transfer and mortgage servicing assets | 835,552 |
| Issuance of unsecured senior notes | 277,500 |
| Issuance of asset-backed financings of variable interest entities | 3,617,501 |
| Repayment of asset-backed financings of variable interest entities | 293,955 |
| Payment of debt issuance costs | 14,019 |
| Payment of dividends to preferred shareholders | 31,364 |
| Payment of dividends to common shareholders | 104,524 |
| Payment of vested share-based compensation tax withholdings | 1,127 |
| Net cash provided by financing activities | 3,956,330 |
| Net (decrease) increase in cash | -74,206 |
| Cash and cash equivalents at beginning of period | 337,694 |
| Cash and cash equivalents at end of period | 263,488 |
PennyMac Mortgage Investment Trust (PMTU)
PennyMac Mortgage Investment Trust (PMTU)