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Stock impact report

KBRA Assigns Preliminary Ratings to EFMT 2026-AE1 [Yahoo! Finance]

PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT) 
Last pennymac mortgage investment trust common shares of beneficial interest earnings: 2/6 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.pennymacfinancial.com
Company Research Source: Yahoo! Finance
EFMT 2026-AE1 is a $325.7 million RMBS transaction, as of the cut-off date, sponsored by EFMT Sponsor LLC. The pool is secured entirely of first liens on non-owner occupied (NOO) investor properties (58.0%) and second homes (42.0%) underwritten to agency guidelines. The underlying pool is seasoned approximately five months and comprises 887 loans. The largest originators in the aggregate pool are PennyMac Loan Services, LLC (PennyMac; 63.2%) and loanDepot.com LLC (loanDepot; 28.1%). Loans are serviced by PennyMac (63.2%), Cornerstone Servicing (Cornerstone; 29.8%), and loanDepot (7.0%). KBRA's rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction's payment structure, reviews of key transaction parties and an assessment of the transaction's legal structure and documentation. This analysis is further de Show less Read more
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