PennyMac (PMT +1.3%) continues to tack on gains after securing a $100M repo line from Barclays....

|About: PennyMac Mortgage Invest... (PMT)|By:, SA News Editor

PennyMac (PMT +1.3%) continues to tack on gains after securing a $100M repo line from Barclays. Founded in 2008 by ex-Countrywide officers, the company is an aggressive buyer of mortgages, including jumbo loans - though it has not yet securitized and sold any of these.