2 Mortgage REITs to Buy on Sale

·3 min read
2 Mortgage REITs to Buy on Sale

Mortgage real estate investment trusts (REITs) have struggled mightily since the beginning of the COVID-19 pandemic. First, they were beset with margin calls as the mortgage-backed securities market froze in the early days of the pandemic. This forced all of them to sell mortgage-backed securities at fire-sale prices in order to raise cash to meet margin calls.