loanDepot officially files for IPO

loanDepot officially files for IPO

Number of shares, price range to be determined

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Investments / The Ticker

Tapering spurs REIT payouts


According to Bloomberg, real estate investment trusts have fallen 18% since May 14 as government-backed mortgage bonds endured the longest monthly losing streak since 1999. As a result, investors weigh in whether they should hold or sell.

Amid the rout, the companies shifted to more defensive strategies, reducing the potential for future earnings that are used to pay dividends. Their actions proved to be premature after the U.S. central bank last month unexpectedly held off on slowing its $85 billion in monthly bond buying.

Source: Bloomberg
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