Market shift: HSBC offloads huge REO portfolio to Altisource

How to get a mortgage right now, even with bad credit

HUD, FHA programs abound for those hit by the recession

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility for boomers
W S
Investments / The Ticker

Tapering spurs REIT payouts

golden_nuggets

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
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus