PennyMac Mortgage Investment Trust ( PMT ) is a real estate investment trust that concentrates on the mortgage market, also known as an mREIT. Just like REITs broadly, not all mREITs are created equal. In addition to mortgages, PennyMacOther 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 situation involving a company ...