Mortgage servicing rights
PennyMac Mortgage Investment Trust Mortgage 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), Mortgage 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
Higher values indicate a larger mortgage servicing portfolio, which provides a recurring fee-based revenue stream.
Detailed definition
These are intangible assets representing the right to perform servicing activities on mortgage loans after they have bee...
Peer comparison
Specific to banks with large mortgage origination and servicing businesses; peers with similar business models report this as a key intangible.
mortgage_servicing_rightsHistorical 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% |
Mortgage servicing rights at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's mortgage servicing rights?
- PennyMac Mortgage Investment Trust (PMT) reported mortgage servicing rights of $3.62B in Q1 2026.
- How has PennyMac Mortgage Investment Trust's mortgage servicing rights changed year-over-year?
- PennyMac Mortgage Investment Trust's mortgage 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 mortgage servicing rights?
- Over 5 years (2020 to 2025), PennyMac Mortgage Investment Trust's mortgage servicing rights has grown at a 15.7% compound annual growth rate (CAGR), from $1.76B to $3.64B.
- What does mortgage servicing rights mean?
- The value of the right to collect fees for servicing mortgage loans.