From the category archives:


Agency Mortgage REIT Dividends Get Better & Better

June 25, 2009

Shamefully, I haven’t done much with Agency Mortgage REITs here, but the times they are a changing. Agency REITs are killing it on net interest spreads, and that is causing higher net incomes and increased dividends. What else could an investor want, next to a portfolio of government-guaranteed mortgage debt? Not surpringly, many investors screech […]

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Mr Market trips on Mark to Market, Gives REITs Away

March 5, 2008

In this bountiful era of REIT wreckage, with liquidity having virtually disappeared from the mortgage market, the auction rate securities market, and last week, even the municipal bond market, it is helpful to be reminded of the irrationality that can sometimes rule daily trading gyrations. According to Warren Buffett, Ben Graham said that you should […]

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