Starwood Property Trust, Inc.
Turmoil in China’s Stock Exchange Wreaks Havoc on REITs
China’s stock exchange wreaked havoc on the global economy for the week ended January 8, 2016. The REITs market saw a severe downturn during the week.
Company & Industry Overviews
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%.
Mortgage Applications Rose despite Rate Hike
The Federal Reserve’s decision to increase the federal funds rate by 0.25% on December 16, 2015, had minimal impact on the mortgage volume.
How Bond Holders Could Handle Interest Rate Risk
The prime reason for the increasing popularity of unrestricted bond funds is the low interest rate environment.
How Does Blackstone Mortgage Trust Compare to Its Peers?
Peers have outperformed Blackstone Mortgage based on PBV, but Blackstone is ahead of its peers based on PE. ETFs have outperformed Blackstone based on PE, but Blackstone is ahead based on price movement and PBV.
Blackstone Mortgage’s Net Income and EPS Rose in 3Q15
Blackstone Mortgage reported net income from loans and other investments of $87.0 million in 3Q15, an increase of 74.6%. Net income and EPS increased to $67.8 million and $0.72, respectively.