The hot mortgage REIT sector gets a bit frothier as Javelin Mortgage (JMI) files to raise $125M...

|About: Javelin Mortgage Investment (JMI)|By:, SA News Editor

The hot mortgage REIT sector gets a bit frothier as Javelin Mortgage (JMI) files to raise $125M in an IPO. The recently formed business, managed by ARMOUR Residential (ARR), will - what else - borrow short, lever up, and buy MBS. (S-11)