thesession

Mortgage REITs: Ignore GAAP, It's All About the Cash

Hearing tons of margin calls going out to Mortgage REITs today... could be trouble.

Newcastle's Need for Liquidity Puts the Dividend at Risk

Yes, it seems liquidity would be an issue for any mortgage type REIT. Makes sense they sold assets to raise cash and hopefully they can set aside enough for any type of margin calls or short term funding issues.

More interesting to know... were they "forced sellers" or "opportunistic sellers"?

And then, hopefully they can reinvest some of that into higher yeilding assets. Buying opportunities will be good once markets stabalize a little more.