BlackRock Increases Stake in PennyMac

BlackRock Inc., the investment firm headed by MBS veteran Larry Fink, recently increased its position in PennyMac Mortgage Investment Trust to 5.48%, more than double its last recorded stake.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_538/blackrock-increases-pennymac-1028912-1.html

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