Q4 2022 PennyMac Mortgage Investment Trust Earnings Call Transcript

Feb 02, 2023 / 09:30PM GMT
Isaac Garden - PennyMac Mortgage Investment Trust - First VP of IR

Good afternoon, and welcome to the fourth quarter and full year 2022 earnings discussion for PennyMac Mortgage Investment Trust. The slides that are accompanying this discussion are available on the PennyMac Mortgage Investment Trust website at pmt.pennymac.com.

Before we begin, let me remind you that our discussion contains forward-looking statements that are subject to the risks identified on Slide 2 that could cause our actual results to differ materially. Now I'd like to introduce David Spector, PMT's Chairman and Chief Executive Officer, who will discuss the company's fourth quarter and full year 2022 results.

David A. Spector - PennyMac Mortgage Investment Trust - Chairman of the Board & CEO

Thank you, Isaac. For the fourth quarter 2022, PMT reported a net loss attributable to common shareholders of $5.8 million or $0.07 per common share as solid income, excluding the impacts of market-driven fair value changes was more than offset by fair value declines in PMT's interest rate

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