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Posted by
Two Blokes May 28, 2025 -
Filed in
Stock
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8 views
PennyMac Mortgage Investment Trust gets a 'Hold' rating for my initial coverage. Loan origination and servicing growth provide upside, yet high reliance on leverage and a below-investment-grade rating from Fitch make me cautious. Despite profits and solid margins, dividend growth has been negative over 10 years, making it less attractive for growth-focused investors.