Game's over. QE3 (or is it QE4? or QE5?) killed the mortgage REITs

October 2012
In Search of the Perfect Investment;10/16/2012, p1
The article discusses the author's views on the tightening of mortgage spread for real estate investment trusts (REITs). He thinks that the REITs market is obsessive due to the lure of high dividend yields. The author believes that some brokers reporting lower earnings for residential mortgage-backed securities (MBS) REITs is expected in the third quarter (Q3) 2012 due to low spreads on new investments and slightly higher prepayments.


Related Articles

  • Mortgage REITs Face Challenging Times. White, Brenda B. // Mortgage Banking;Nov2006, Vol. 67 Issue 1, p27 

    The article examines some factors that contributes to the mortgage real estate investment trusts (REIT) in the mortgage banking industry in the U.S. Mortgage REIT function as passive investment vehicle that derive their income from the mortgage-backed securities and their cost of funding....

  • REITs/CMBS Reach $1T. Peters, Terry // National Mortgage News;6/12/2006, Vol. 30 Issue 36, p1 

    The article cites a survey compiled by the National Association of Real Estate Investment Trusts and the Commercial Mortgage Securities Association which founds that the issuance of real estate investment trust (REIT) and commercial mortgage-backed securities (CMBS) has surpassed the $1 million...

  • The return of CMBS and disciplined debt. Fickes, Mike // National Real Estate Investor;Sep2001, Vol. 43 Issue 10, p62 

    Provides information on the commercial mortgage-backed securities (CMBS) in the United States' real estate market. How the CMBS market has benefited from borrowers' interest in refinancing; Overview of the CMBS market for year 2001; Shifts in volume related to multifamily properties in the CMBS...

  • REITs move to the forefront as a source of capital. Bergsman, Steve // National Real Estate Investor;Aug93, Vol. 35 Issue 8, p64 

    Reports on the renewed interest in real estate investment trusts (REITs) and the securitization market. Source of capital for the acquisition of commercial real estate; Criteria for REIT; Foreign investors back in US market; Idiosyncrasy of European investors; Migration of institutional capital...

  • CMBs, REITs travel down parallel paths to success. Bergsman, Steve // National Real Estate Investor;Apr97, Vol. 39 Issue 4, Securitization Special p3 

    Reports on the growth of real estate investment trusts (REITS) and commercial mortgage-backed securities (CMBs) in the United States. Notoriety associated with REITs; Rise in stock value of REITs; Estimates of commercial real estate debt that will be securitized by 2000; Merger and acquisition...

  • Securitized real estate continues its own bull run. Bergsman, Steve // National Real Estate Investor;Jul97, Vol. 39 Issue 7, p38 

    Discusses the growth of commercial mortgage-backed securities and real estate investment trusts in the United States. Increase in the volume of commercial real estate debt offerings; Securitization of real estate; Amount of capital interested in public real estate securities; Adaptability of the...

  • The wild ride for REITs hits a pothole in 1998's second half. Copulsky, Erica // Investment Dealers' Digest;01/11/99, Vol. 65 Issue 2, p27 

    Reports on the performance of the real estate investment trust (REIT) market in the United States during the second half of 1998. Decline in public issuance for REITs; Slowdown of the commercial mortgage-backed securities market and merger and acquisition activity; Decline in REIT prices.

  • Rebound in Reit shares hasn't triggered buying spree. Stuart, Stephen // New Orleans CityBusiness (1994 to 2008);09/25/2000, Vol. 21 Issue 14, p21 

    Reports on the resurgence of share prices for real estate investment trusts in the United States through August 31, 2000. Factors behind the resurgence of share prices; Focus on internal growth instead of acquisitions and development; Volume of commercial mortgage-backed securities for 2000.

  • With REITs, less owners in it for the long haul. Downs, Anthony // National Real Estate Investor;Dec99, Vol. 41 Issue 16, p36 

    Discusses the short-term holding of real estate investment trusts (REIT) shareholders in the United States (US). Role of the rise of REIT and commercial mortgage backed securities in the shift of commercial real estate dollars from real estate developers to individual and institutional...


Read the Article

Other Topics