Noted with hope in the Hatteras earnings call is this morning's 13% plunge in mortgage refinance activity (though the Columbus Day holiday may be behind this). Along with narrowing margins, prepayments are a major concern for mortgage REITs, and the tumbling sector will take the good news where it can get it.
Noted with hope in the Hatteras earnings call is this morning's 13% plunge in mortgage refinance...
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