Here's Why Two Harbors and Invesco Mortgage Capital Got Absolutely Hammered in 2013

By Matt Koppenheffer and David Hanson – Jan 2, 2014 at 7:21AM

NYSE: TWO

Two Harbors Investment Corp.

Market Cap

$1B

Today's Change

(-1.94%) -$0.23

Current Price

$11.65

Price as of April 16, 2024, 4:00 p.m. ET

Here's why these hybrid REITs took a punishing in 2013.

In this special "Best and Worst 2013" edition of The Motley Fool's everything-financials show, Where the Money Is, banking analysts David Hanson and Matt Koppenheffer tell viewers why Two Harbors Investment Corp. (TWO -1.94%) and Invesco Mortgage Capital (IVR -1.82%) lagged the market in 2013, but could be better positioned for 2014. As investors were able to find more yield in the fixed income market, investors headed for the doors of the everything-mortgage REITs.

David Hanson has no position in any stocks mentioned. Matt Koppenheffer has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.