Mortgage REITs Were Doing Great–Until the Yield Curve Inverted
The Real Deal, Aug. 20, 2019–Rich Bockmann
Three of the largest real estate investment trusts that buy up residential mortgages and package them into securities have cut their dividends so far this year. The cuts came after the yields on three-month and 10-year treasuries inverted in March for the first time in more than a decade.
