- We just purchased shares in one of the worst performing mortgage REITs, and we’re excited to share that news.
- The discount to book value is staggering and is particularly rare among the residential mortgage REITs.
- Discounts to book value (or NAV) are the start of your mortgage REIT analysis, but not the end.
- In this series we’re providing readers with the discounts to trailingbook values throughout the sector and a few notes on the current environment.
- When we provide an index card for an individual mortgage REIT, itincludes our most recent estimate on book values.
For further details see:
We Bought One Of The Worst Mortgage REITs