The mortgage REIT sector has been incredibly volatile over the last few weeks. Prices for common shares and preferred shares plunged through early April. Then the rally started. After four consecutive days of double-digit gains, the sector is dramatically higher. Fortunately, for the bulls, the positive news just keeps on coming. Day by day, we hear new positive reports showing the mortgage REITs weathered the worst of the storm. Losses occurred, but they weren’t catastrophic. Losses within the mortgage REIT portfolios were dramatically smaller than losses in the share price.
Roaring Back
The mortgage REITs