- We can finally drop to a neutral outlook on ANH. Shares are up about 40% since late October. We're grateful for this opportunity to be right - again.
- We’re seeing far more REITs trading at reasonable valuations today. It was weird being stuck in a bullish stance on most of the sector for the last few months.
- In this series, we’re providing readers with discounts to trailing book values throughout the sector and a few notes on the current environment.
- When we provide an index card for an individual mortgage REIT, it includes our most recent estimate on book values.
For further details see:
Up Big In November - Mortgage REIT Gratitude