NYSE:PMTMortgage REITs
A Look At PennyMac Mortgage Investment Trust’s Valuation As KBRA Weighs In On New RMBS Deal
KBRA’s preliminary RMBS ratings put PennyMac’s securitization activity in focus
KBRA has assigned preliminary ratings to 57 classes of mortgage backed notes from PMT Loan Trust 2026-INV1, a prime RMBS deal sponsored by PennyMac Mortgage Investment Trust (PMT) through its subsidiary PennyMac Corp.
The pool consists of agency eligible loans tied mainly to investment properties and second homes, with significant borrower equity and a weighted average original credit score of 779. This has drawn...