• REIT Analyst
    Ideas I am exploring: (1) Long servicers as a hybrid REIT hedge (2) Replace a REIT with long/short trades in Treasury futures and options
    Reply (2)
    • Darren McCammon: We'll see how well MSR's as a hedge for MBS works when NRZ reports at the end of June.
    • REIT Analyst: Initially when rates backed up these servicing stocks did get slammed. The market is not always properly valuing all these moving parts