Seeking Alpha

As many followers of the mortgage real estate investment trusts (mREITS) know, the sector has been battered. My top holdings in the space, Annaly Capital (NLY) and American Capital (AGNC), have plummeted in 2013, which has primarily been in response to three key concerns. First was the fact that the Federal Reserve may slow or cease its mortgage asset purchases sometime this year. Second was the fear that rising interest rates (as we are seeing today) will crush portfolio holdings of the mortgage real estate investment trusts (mREITS). Third, there have been some true issues with quarterly performances. In recent pieces I have examined in depth the NLY situation, as well as that of AGNC....

Only subscribers can access this article, which is part of the PRO research library covering 3,775 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: