2010-05-04housingwire.com

"The company acquired five residential mortgage whole loan pools worth $115m with unpaid principal balances of $208m at the time of purchase. These were primarily non-performing loans with 86% of the loans 90+ days delinquent or in foreclosure. The transactions bring the total net value of PMT’s residential mortgage whole loans and RMBS as of quarter-end to $200m"



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