- According to Inside Mortgage Finance, a handful of mortgage REITs are quietly looking into buying residential loans which don't meet the qualified mortgage standard, and even unsecured consumer loans.
- Holding them back? The Consumer Financial Protection Bureau. “We’ve tried to get clarifications from them on such things as the ability-to-pay rule, but they haven’t been very helpful,” says IMF's source, noting his REIT has held back from buying because it doesn't want to get caught with $1B of loans on its books only to find out it can't foreclose.
- ETFs: MORL, REM, MORT, LMBS