New Residential Investment Corp
Mortgage REITs Rose among the Volatile Market
The week ending December 24, 2015, reaped positive results for all of the mortgage REITs. The VanEck Vectors ETF Trust (MORT) ended with returns of 6.1%.
Sun Communities and WP Glimcher: Top REIT Performers in Mid-July
Some of the top performers of the iShares US Real Estate ETF (IYR) are Sun Communities (SUI) and WP Glimcher (WPG).
Baupost Group Lowered Its Stake in Ocwen Financial
The Baupost Group lowered its position in Ocwen Financial (OCN) during 4Q14. The position accounted for 1.77% of the total portfolio in 4Q14.
RAIT Financial Trust Took a 40% Plunge for the Week
It’s important to know the factors that are the driving forces of any security in general. A few factors show the impact the on RAIT Financial Trust.
Why Did REITs Rise as the Fed Increased the Rates?
Residential REITs derive their revenue from rentals and apartment sales. Rising rates could increase the borrowing cost for investors. The asset’s value falls.
Resource Capital Rallied 26.8% with Dividend Announcement
For the week ended December 18, the iShares Mortgage Real Estate Capped ETF returned 4%. Resource Capital and New Residential Investment were top performers.
What Does the Future Hold for Mortgage REITs?
US markets and investors might have taken the Fed’s interest rate hike positively, but it’s important to explore the future outlook of mortgage REITs.
The Rate Hike’s History and Its Impact on Mortgage REITs
Mortgage REITs like New Residential Investment, Chimera Investment, and American Capital Agency will witness the impact of a rate hike for the first time.