Discontinued — last reported Q3 '25
PennyMac Mortgage Investment Trust Securities gains, net – non-qualifying hedges on MSRs decreased by 69.6% to $37.57M in Q3 2025 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Positive gains indicate effective trading or hedging, while losses suggest market timing challenges or ineffective risk management.
The net gain or loss resulting from the sale of mortgage-backed securities, often used to hedge or manage interest rate...
Common in mortgage REITs and banks with active MBS trading desks.
other_gain_loss_on_sales_of_mortgage_backed_securities_mbs| Q3 '24 | Q3 '25 | |
|---|---|---|
| Value | $123.43M | $37.57M |
| QoQ Change | — | -69.6% |
| YoY Change | — | -69.6% |
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Interest Rate Sensitive Strategies | — | — | — | $65.87M | $14.06M | $38.39M | $31.35M | -$33.41M |
| Aggregation And Securitization | — | — | — | — | — | — | — | $0.00 |
| Correspondent Production | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — |
| Credit Sensitive Strategies | — | — | — | -$1.01M | $506.00K | -$817.00K | $0.00 | $0.00 |
| Total | — | $123.43M | — | — | — | $37.57M | — | — |
Correspondent Production was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.