Interest rates are important to mortgage REITs, but don't overlook the importance of management,...
Interest rates are important to mortgage REITs, but don't overlook the importance of management, writes John Lewis. Aggressively buying MBS ahead of what he expects is more QE, AGNC president Gary Kain has levered up his balance sheet far higher (and produced better returns) than the hunkered-down Mike Farrell at NLY.
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