October 19, 2012
The economic downturn has been a boon to mortgage REITs and the dividends their investors collect. Relatively slow refinancing activity during the downturn has meant big profit spreads without the downside of prepayments for mREITs, such as Annaly Capital (NYSE: NLY ) , Chimera (NYSE: CIM ) and Invesco (NYSE: IVR ) , to name a few.
However, the White House and the Fed are starting to get some traction in their efforts to help homeowners capitalize on record low interest rates. August prepayments hit their highest level in seven years. Ilan Moscovitz and Austin Smith discuss what this could mean for dividend investors. Annaly investors, in particular, have been on the receiving end of huge dividends lately, but there are some crucial issues to understand before buying the stock. In this brand new premium research report on the company, our analyst runs through these absolute must know topics, as well as the future opportunities and pitfalls of their strategy. Click here now to claim your copy.