PennyMac Mortgage Investment Trust ( PMT ) is a real estate investment trust that specializes in the mortgage market, also known as an mREIT. Unlike many mREITs, PennyMac diversifies its mortgage related investments with holdings of mortgage-backed securities, creditOther writing on Substack: https://yieldstrategies.substack.com/I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special ...