Items Tagged with 'mortgage REITS'

ARTICLES

  • Mortgage REIT merger: Two Harbors acquiring CYS Investments

    Companies plot expansion into agency RMBS
    Nearly two years ago, Two Harbors Investment Corp., a mortgage REIT, shuttered its mortgage securitization business, wherein the company bought jumbo mortgages and securitized them. And now, the company is preparing to expand its agency RMBS business by acquiring CYS Investments, a fellow mortgage REIT that specializes in investing in agency RMBS backed by fixed-rate single-family residential mortgage loans, adjustable-rate mortgages and hybrid ARMs.
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  • Massive REIT Annaly Capital set to get even larger

    Hatteras Financial deal makes for the biggest REIT around
    In a move that creates a massive mortgage real estate investment trust, Annaly Capital Management announced Monday that it plans to acquire Hatteras Financial Corp. for $1.5 billion. According to a release from Annaly, the deal will make the company the "largest, most liquid and diversified mortgage REIT in the world."
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  • Redwood Trust shifts away from Fannie, Freddie conforming loans

    Ending purchases of GSE loans; also ceases commercial loan originations for CMBS
    Seeking to rid itself of two business segments that are dragging on the REIT’s bottom line, Redwood Trust announced recently that it will be discontinuing the acquisition and aggregation of conforming loans for sale to Fannie Mae and Freddie Mac, and will also discontinue commercial loan originations for distribution in commercial mortgage-backed securities.
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  • The debate over mortgage REITs rages on

    Interest-rate volatility has put mortgage REITs front and center in a broad debate about investment strategy in the financial markets, with even the International Monetary Fund weighing in on the matter today. But CEOs of some mortgage REITs are fighting back, as MarketWatch covers.
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