After Two Harbors Investment Corp's (NYSE:TWO) Investor Day back in October, the market for mortgage real estate investment trusts (mREITs) lost some steam, sending the company's stock crashing. The stock has rebounded back to previous highs as the company has several pokers in the fire.
The company acquires, owns, and manages a portfolio of Agency and non-Agency residential mortgage-backed securities and related investments. The investment approach focuses on security selection and the relative value of various sectors within the mortgage market. The company will also own a 47.7% interest in Silver Bay Realty Trust (NYSE:SBY), a newly organized corporation focused on the acquisition, renovation, leasing, and management of single-family properties.
As of September 30th, Two...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|