When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
NYMTM - mREIT Meltdown: Not All mREITs Are Created Equal
New York Mortgage Trust Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Co-produced with Beyond Saving
The mREIT sector has been thrown into turmoil. Over the past few weeks, we have seen incredible volatility in the MBS markets as institutions race to raise liquidity, selling off everything.
This has been brutal for mREITs, and for some, there's a real risk of bankruptcy. For others, this is the opportunity of a lifetime to get incredibly cheap prices. Let's take a look at how these mREITs work so we can understand what is happening.
Everything Is Selling
Even agency MBS has been incredibly volatile, having its most volatile day