Real Estate Investment Trust

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At Hatteras, a REIT Bet that the Mortgage Mess has a Silver Lining 

Apr 30, 2008By

While the bad economic news is still out there, at least one REIT is betting that the mortgage crisis yet has an untapped silver lining — and went public Tuesday to prove it. Believing that agency-backed mortgage securities will be a safe bet going forward, Hatteras Financial Corp. [stock HTS][/stock] saw its initial public offering backed by investors, with shares gaining as much as 4 percent above the initial offer price of $24/share.

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