PennyMac Mortgage Investment Trust Q3 2016 Earnings Report

PennyMac Mortgage Investment Trust's third quarter 2016 earnings report, dated November 3, 2016, reporting net income of $35.4 million and diluted earnings per share of $0.49. Results were driven by strong contributions from correspondent production and GSE credit risk transfer investments, partially offset by underperformance in distressed loan investments.