PennyMac Mortgage Investment Trust only sold $170 million out of $550.5 million of RMBS bonds structured under its private-label securitization that was completed in the third quarter.

The securitization, PMT Loan Trust 2013-J1  was backed by collateral that was a combination of $393 million in unpaid principal balance of jumbo loans acquired in a bulk purchase transaction earlier in the third quarter and jumbo loans acquired through PMT’s correspondent business throughout the year, the company said during its 3Q 2013 earnings call on Wednesday.

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