To screen ETFs by asset class, performance, yield and more, check out the
Q4 earnings. Still using fair value adjustments on loans to prop up net investment income. I'd like to see their taxable income.
Look at fair value adjustments vs realized sell prices (slide 8 from Q4 pres). Almost no variance meaning fair value appears to be correct.
True, but I can't be sure that
isn't cherry picking its best NPLs to sell and marking up the real scratch and dent stuff.
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PennyMac Mortgage Investment Trust
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