PMT outlines aggressive securitization strategy following agreement to offload $13B in Agency mortgage servicing rights.
PennyMac Mortgage Investment Trust (PMT) announced plans to execute approximately 30 securitizations in 2026. The move follows an agreement to sell $13 billion in Agency mortgage servicing rights (MSRs).
Management disclosed the strategy during its Q2 2026 earnings call, signaling a shift in capital deployment. The company did not provide prior-year securitization targets for comparison but emphasized the scale of the planned transactions.
No immediate market reaction was detailed in the source.