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Email Cadwalader advised PennyMac Mortgage Investment Trust (the “Company”), through its subsidiary, PennyMac Corp. (“PMC”), and a newly formed special purpose entity, PMT ISSUER TRUST—FMSR (“Issuer Trust”), on an innovative capital markets finance transaction that allows PMC to finance its Fannie Mae mortgage servicing rights (“MSRs”) and excess servicing spread relating to such MSRs (“ESS”) (the “PennyMac FMSR Facility”) through the private offering of secured term notes in an aggregate principal amount of $450 million by the Issuer Trust. https://www.cadwalader.com/news/news-release/cadwalader-advises-pennymac-mortgage-investment-trust-on-financing-of-fannie-mae-mortgage-servicing-rights-and-related-private-offering-of-secured-term-notes