Representations And Warranties Liability
PennyMac Mortgage Investment Trust Representations And Warranties Liability decreased by 2.5% to $5.15M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.5%, from $5.96M to $5.15M. Over 5 years (FY 2020 to FY 2025), Representations And Warranties Liability shows a downward trend with a -24.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests higher expected future costs due to loan quality issues or stricter enforcement by investors, while a decrease indicates lower perceived risk or improved loan underwriting quality.
Detailed definition
This represents the estimated liability for potential claims arising from breaches of representations and warranties mad...
Peer comparison
Peers in the mortgage production space typically carry this liability based on historical claim rates and current portfolio performance.
non_current_liabilities_representations_and_warranties_l_6880b4Historical 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 | $36.31M | $40.91M | $40.25M | $40.23M | $39.44M | $39.50M | $39.47M | $39.41M | $37.07M | $33.15M | $26.14M | $19.52M | $13.18M | $8.32M | $6.89M | $5.96M | $5.06M | $5.15M | $5.28M | $5.15M |
| QoQ Change | — | +12.7% | -1.6% | -0.1% | -1.9% | +0.1% | -0.1% | -0.2% | -5.9% | -10.6% | -21.1% | -25.3% | -32.5% | -36.9% | -17.2% | -13.5% | -15.0% | +1.7% | +2.6% | -2.5% |
| YoY Change | — | — | — | — | +8.6% | -3.4% | -1.9% | -2.0% | -6.0% | -16.1% | -33.8% | -50.5% | -64.4% | -74.9% | -73.7% | -69.5% | -61.6% | -38.0% | -23.3% | -13.5% |
Representations And Warranties Liability at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's representations and warranties liability?
- PennyMac Mortgage Investment Trust (PMT) reported representations and warranties liability of $5.15M in Q1 2026.
- How has PennyMac Mortgage Investment Trust's representations and warranties liability changed year-over-year?
- PennyMac Mortgage Investment Trust's representations and warranties liability decreased by 13.5% year-over-year, from $5.96M to $5.15M.
- What is the long-term trend for PennyMac Mortgage Investment Trust's representations and warranties liability?
- Over 5 years (2020 to 2025), PennyMac Mortgage Investment Trust's representations and warranties liability has grown at a -24.7% compound annual growth rate (CAGR), from $21.89M to $5.28M.
- What does representations and warranties liability mean?
- The estimated financial obligation for potential loan buybacks or indemnification claims due to contractual breaches.