PennyMac Mortgage Investment Trust (PMT) Q3 2021 Earnings Call Transcript

Now, I'd like to introduce David Spector, PMT's chairman and chief executive officer, who will discuss third quarter 2021 results. For the third quarter 2021, PMT reported a net loss attributable to common shareholders of $43.9 million or $0.45 per common share, driven by fair value decline in PMT's interest rate sensitive strategies.