Fair value of servicing rights
PennyMac Mortgage Investment Trust Fair value of servicing rights decreased by 0.6% to $3.62B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $3.77B to $3.62B. Over 5 years (FY 2020 to FY 2025), Fair value of servicing rights shows an upward trend with a 15.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher expected future servicing cash flows, often driven by rising interest rate environments.
Detailed definition
This represents the fair market value of the bank's rights to service mortgage loans for third-party investors. These as...
Peer comparison
Standard for banks with significant mortgage banking operations; highly correlated with interest rate cycles.
non_current_assets_servicing_asset_at_fair_value_amountHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.55B | $2.83B | $2.89B | $3.39B | $3.70B | $3.94B | $4.01B | $3.98B | $3.98B | $4.11B | $3.92B | $3.95B | $3.94B | $3.81B | $3.87B | $3.77B | $3.74B | $3.67B | $3.64B | $3.62B |
| QoQ Change | — | +10.7% | +2.4% | +17.2% | +9.0% | +6.6% | +1.8% | -0.9% | +0.1% | +3.3% | -4.6% | +0.8% | -0.2% | -3.4% | +1.5% | -2.5% | -0.8% | -1.9% | -0.7% | -0.6% |
| YoY Change | — | — | — | — | +44.8% | +39.5% | +38.7% | +17.2% | +7.6% | +4.3% | -2.3% | -0.6% | -0.9% | -7.3% | -1.3% | -4.6% | -5.1% | -3.7% | -5.8% | -3.9% |
Fair value of servicing rights at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's fair value of servicing rights?
- PennyMac Mortgage Investment Trust (PMT) reported fair value of servicing rights of $3.62B in Q1 2026.
- How has PennyMac Mortgage Investment Trust's fair value of servicing rights changed year-over-year?
- PennyMac Mortgage Investment Trust's fair value of servicing rights decreased by 3.9% year-over-year, from $3.77B to $3.62B.
- What is the long-term trend for PennyMac Mortgage Investment Trust's fair value of servicing rights?
- Over 5 years (2020 to 2025), PennyMac Mortgage Investment Trust's fair value of servicing rights has grown at a 15.7% compound annual growth rate (CAGR), from $1.76B to $3.64B.
- What does fair value of servicing rights mean?
- The current market value of the bank's contractual rights to collect mortgage payments for others.