Agency at 7x or commercial bridge at 2x. Which risk am I paid for?
I've narrowed to two mortgage REITs and they are almost opposites, which is the problem. Name A is agency heavy. Government backed mortgage securities, so credit loss is close to…
Mortgage REITs, or mREITs, are real estate investment trusts that finance real estate by purchasing or originating mortgages and mortgage-backed securities, earning income from the interest on these investments rather than from owning property.
Log in to followI've narrowed to two mortgage REITs and they are almost opposites, which is the problem. Name A is agency heavy. Government backed mortgage securities, so credit loss is close to…
I've been sitting with the interest rate sensitivity disclosure on an agency mortgage REIT and I think it's telling me something the summary doesn't. The table gives estimated cha…
Closed on a small duplex sale last month and after everything cleared there's about 90k. Two options on the table and I keep flipping. Option one is putting it against a loan on a…
The service business had a decent year and there's about 40k sitting past what I keep back for payroll gaps. I started looking at mortgage REITs because the yields on the screener…
I've been reading through an annual report for an agency focused mortgage REIT and got stuck on a page most summaries skip. The repurchase agreement table shows the borrowings by…
I've got 62k earmarked for a roof and two unit turns on a small multifamily building, and the work is 18 months out because the tenants in place have leases running that long. It'…