Mortgage REIT PennyMac Investment Trust has inked a deal to sell $100 million of stock through Cantor Fitzgerald when it needs to raise equity. A spokesman for the company noted that its intention to sell stock — disclosed in a new SEC filing — does not represent an additional offering of equity, but is part of a $500 million shelf registration filed a few months back. (To date, it has not tapped any of the shelf.)
PennyMac can sell shares through Cantor
Most Popular Articles
Latest Articles
DOL accuses PrimeLending of violating whistleblower provisions
The case involves two employees fired after reporting pressures to pass on fees to loan applicants caused by internal processing delays.
-
Opinion: How to win the coming mortgage refi race
-
Moehrl trial not likely until January 2025
-
As insurance costs rise, Florida homeowners are given a new option
-
Opinion: Fannie Mae’s title insurance pilot program overreaches
-
Bipartisan housing policy efforts are gaining traction, but challenges remain