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TWO - Banks' Q3 mortgage results bode well for mREITs Nomura says
Two Harbors Investment Corp
Nomura Instinet's Matthew Howlett notes that the strength of mortgage banking results and credit in bank Q3 results last week bodes well for fee style/origination/credit-focused mortgage REITs when they start reporting in the coming weeks.
More news on: PennyMac Mortgage Investment Trust, Redwood Trust, Inc., New Residential Investment Corp., Financial stocks news,