PennyMac Mortgage Investment Trust(PMT) - 2020 Q4 - Earnings Call Presentation

Financial Performance - Net income attributable to common shareholders was $76.6 million, with diluted earnings per common share of $0.78[4] - The company declared a dividend of $0.47 per common share, returning to pre-COVID levels[4] - Book value per common share increased to $20.30 from $19.95 at September 30, 2020[4] Segment Results - Credit Sensitive Strategies segment pretax results were $134.5 million[4] - Interest Rate Sensitive Strategies segment pretax results were $(100.1) million[4] - Correspondent Production segment pretax results were $52.7 million[4] - Corporate segment pretax results were $(13.3) million[4] Investment Activity - Conventional correspondent loan production volumes reached a record $38.0 billion in UPB, up 39% from the prior quarter and 85% from 4Q19[4] - The company added $441 million in new MSRs[4] - PMT settled its sixth CRT transaction with Fannie Mae and placed $500 million of 2-year term-notes[4] - The company repurchased approximately 927,000 common shares at a weighted average price of $16.88, for a total cost of $15.6 million[4] CRT Investments - Approximately $59 billion in UPB of loans underlying PMT's CRT investments as of December 31, 2020[6]