Repurchase liability
PennyMac Mortgage Investment Trust Repurchase liability decreased by 9.0% to $7.3B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.7%, from $6.2B to $7.3B. Over 5 years (FY 2020 to FY 2025), Repurchase liability shows an upward trend with a 4.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase indicates higher reliance on short-term secured financing, which may increase liquidity risk if market conditions tighten.
Detailed definition
This represents short-term financing arrangements where the company sells assets to a counterparty with a concurrent agr...
Peer comparison
Common among mortgage REITs and specialty finance firms; high usage is standard but requires careful monitoring of collateral haircuts.
other_assets_sold_under_agreements_to_repurchase_repurch_bbce2bHistorical 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 | $7.19B | $7.03B | $6.67B | $5.09B | $5.65B | $6.41B | $6.62B | $8.11B | $5.91B | $6.02B | $5.62B | $5.12B | $4.7B | $5.75B | $6.5B | $6.2B | $6.83B | $7.71B | $8.02B | $7.3B |
| QoQ Change | — | -2.3% | -5.0% | -23.7% | +10.9% | +13.5% | +3.2% | +22.6% | -27.1% | +1.8% | -6.6% | -9.0% | -8.2% | +22.3% | +13.1% | -4.6% | +10.1% | +12.9% | +4.0% | -9.0% |
| YoY Change | — | — | — | — | -21.5% | -8.8% | -0.8% | +59.3% | +4.8% | -6.1% | -15.0% | -36.9% | -20.5% | -4.5% | +15.6% | +21.2% | +45.2% | +34.1% | +23.3% | +17.7% |
Repurchase liability at Other Companies
Frequently Asked Questions
- What is PennyMac Mortgage Investment Trust's repurchase liability?
- PennyMac Mortgage Investment Trust (PMT) reported repurchase liability of $7.3B in Q1 2026.
- How has PennyMac Mortgage Investment Trust's repurchase liability changed year-over-year?
- PennyMac Mortgage Investment Trust's repurchase liability increased by 17.7% year-over-year, from $6.2B to $7.3B.
- What is the long-term trend for PennyMac Mortgage Investment Trust's repurchase liability?
- Over 5 years (2020 to 2025), PennyMac Mortgage Investment Trust's repurchase liability has grown at a 4.9% compound annual growth rate (CAGR), from $6.31B to $8.02B.
- What does repurchase liability mean?
- Short-term debt secured by the company's assets.