Mortgage REITS and Regulatory Risk
Amid the risk-on, risk-off daily tug of war facing investors, what's a mortgage REIT lover to think, particularly now that U.S. housing is nearing a bottom and the Obama administration is pulling out stops to trigger one last round of refis before Election Day?
Mortgage REIT -- or mREIT -- index ETFs are still sporting double-digit yields and outperforming the slumping Dow and S&P 500, even after a May downdraft of their own. Investors may or may not see this as a green light. But from a Washington perspective, the picture might look better by year-end....766 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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