Since 2011 there has been a conscious effort by the U.S Federal Reserve to keep long-term rates low, first through Operation Twist and then through QE3, therefore narrowing spreads and putting pressure on leveraged returns and dividends offered by U.S. mortgage REITs.
REIT dividends continue steady decline
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New HUD rule aims to increase lender participation in tribal housing program
HUD says the new rule is designed to increase and streamline Native American borrowers’ access to homeownership.