12 REITS Could Leap On Increased Refinancing

Sun, 05/20/2012 - 10:34 EDT - Seeking Alpha

By Ry Frank:Mortgage real estate investment trusts (mREITs) should see a lot more business and increased revenues in the coming months because of a big rise in the number of mortgage-refinancing applications. The Mortgage Bankers Association reported that the number of people applying for refinancing increased by 9.2% in just one week, that of May 7 through 11 alone, according to a Reuters report.The organization's seasonal index indicates that the number of mortgage refinancing applications was up by 13%. That should translate into a lot more business for REITs, such as like Annaly Capital Management (NLY), Hatteras Financial (HTS), MFA Mortgage Investments (MFA) and Anworth Mortgage Asset (AHN). It could also translate into higher revenues, dividends and earnings per share for these organizations.The picture for mREITs seems to be getting even better, because mortgage refinancing now makes up 74.9% of the mortgage business, according to the MBA. That confirms speculationComplete Story »

Original article
Login or register to post comments

Comparing Mortgage REITs: The Winners And The Risks - Part 1
By Portfolio Management 101: In an economic environment consisting of historically low rates, investors looking for income have had to expand their universe of possible investments to include non-traditional asset classes. One of these asset classes has been Real Estate Investment Trusts (REITs) and in particular, mortgage REITs (mREITs).
Double Digit Yields. Be Sure You Get The mREIT Facts Before You Leap
ByRichard Berger:Agency-backed mREITs have attracted a very wide range of investors due to their perceived low risk and high yields.
A Dividend Reduction Of 15% Is Likely For Annaly
ByAlbert Alfonso:Annaly Capital (NLY) has long been considered one of the safest and most well-run agency mortgage real estate investment trusts (mREITs). However, this may no longer be the case. Annaly has not only paid out lower dividends than other similar mREITs, but has also not shown the book value increases that the others have.
An Undervalued Mortgage REIT With A Sustainable Dividend
By Matt Schilling:For the Mortgage REIT sector, 2012 has been far from a banner year.
Comparing Mortgage REITs: The Winners And The Risks - Part 2
By Portfolio Management 101: Due to overwhelming requests, we have decided to expand our series on "Comparing REITs: The Winners and The Risks," to encompass a greater number of mREITs in the space.
High-Yield mREITs May Have Reached A Short-Term Bottom
By Zvi Bar:Mortgage REITs (mREITs) own mortgages on real estate assets. Some mREITs concentrate on commercial property mortgages, while others concentrate on residential property mortgages. Within the world of residential mREITs, there are two primary subdivisions: those that own mortgages insured by federal agencies and those that own mortgages without agency insurance.
Nationwide Mortgage Refinancing Impacts On mREITs
By Todd Johnson:The nationwide mortgage refinancing issue appears closer to taking effect beginning in the first quarter of 2012. This is based on known supporting facts and a Congressional Budget Office (CBO) draft report.
Will These mREITs Continue With Massive Payouts?
By Mel Daris:Recently, Jim Cramer expressed his view that Annaly (NLY) was superior to Chimera (CIM) as a levered mortgage real estate investment trust (REIT) investment.
Mortgage REITs And Double-Digit Yields: What's The Catch?
By John D. Thomason:Mortgage Real Estate Investment Trusts (MREITs) have the highest yields of any stock grouping available today. As might be expected in today’s yield-starved environment, this group receives a lot of attention. There are many informative articles available on Seeking Alpha and elsewhere on MREITs, but an investor who is not familiar with this asset class may have some difficulty understanding them.
American Capital Agency: Levered Play on Agency Debt
Boris Senderovich submits: American Capital Agency Corporation (AGNC) is a mortgage REIT that invests in agency securiites issues by Fannie Mae, Freddie Mac and Ginnie Mae. While I have no particular views on this segment of the mortgage market, I'd like to share my insights into the particular class of securities.

Main menu

Secondary menu

12 REITS Could Leap On Increased Refinancing

Related

Latest

User login

Our Blog

Markets Map

Follow Us

Secondary menu