PennyMac Mortgage Investment Trust Hedging Gains And Losses On Mortgage Servicing Assets Net increased by 73.6% to -$11.88M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 70.3%, from -$39.94M to -$11.88M. Over 4 years (FY 2021 to FY 2025), Hedging Gains And Losses On Mortgage Servicing Assets Net shows an upward trend with a -16.4% CAGR.
Gains indicate effective hedging or favorable market movements, while losses suggest hedging costs or misalignment with underlying asset value changes.
This represents the net gains or losses from derivative instruments used to hedge the fair value of mortgage servicing a...
Standard for mortgage servicers; peers report this to demonstrate the efficacy of their interest rate risk management.
other_hedging_gains_and_losses_on_mortgage_servicing_assets_net| 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 | $94.12M | -$73.84M | $0.00 | -$163.80M | -$78.12M | $154.27M | -$117.23M | -$54.89M | $24.00M | -$50.69M | -$11.19M | -$89.81M | -$18.37M | -$67.22M | -$51.21M | -$39.94M | -$60.64M | -$27.36M | -$44.99M | -$11.88M |
| QoQ Change | — | -178.5% | +100.0% | — | +52.3% | +297.5% | -176.0% | +53.2% | +143.7% | -311.2% | +77.9% | -702.6% | +79.6% | -266.0% | +23.8% | +22.0% | -51.8% | +54.9% | -64.4% | +73.6% |
| YoY Change | — | — | — | — | -183.0% | +308.9% | — | +66.5% | +130.7% | -132.9% | +90.5% | -63.6% | -176.5% | -32.6% | -357.6% | +55.5% | -230.2% | +59.3% | +12.1% | +70.3% |