mortgage REIT

(redirected from Mortgage Real Estate Investment Trust)

Mortgage REIT

An REIT that invests in loans secured by real estate which derive income from mortgage interest and fees.

Mortgage REIT

A real estate investment trust (REIT) that invests in mortgages, rather than buys and owns property outright. The revenue for mortgage REITs comes mainly from the principal and interest on the mortgages owned. Like all REITs, they may be traded as if they were stocks. Owning a mortgage REIT is more liquid than directly owning the real estate underlying it.

mortgage REIT

A real estate investment trust that combines investors' funds with other borrowed money to make loans on real estate. The return earned by the investors depends on the spread between the interest rates charged on the loans made and the interest rates paid on the loans taken out. Earnings on a mortgage REIT are subject to wide fluctuations if the REIT makes short-term loans and takes out long-term loans. Compare equity REIT.

mortgage REIT

A real estate investment trust (REIT) that purchases mortgage debts as investments, rather than income-producing property. Contrast with equity REITs, which invest in office buildings,hospitals,apartments,and other real properties,but not mortgages.

References in periodicals archive ?
A mortgage real estate investment trust, Ellington Residential acquires, invests in and manages residential mortgage and real estate-related assets, mainly for those which the principal and interest payments are guaranteed by a US government agency or a US government-sponsored enterprise.
A mortgage real estate investment trust (REIT), PennyMac Mortgage Investment Trust invests primarily in residential mortgage loans and mortgage-related assets.
OAK BROOK InPoint Commercial Real Estate Income, a commercial mortgage real estate investment trust, announced it originated a mortgage loan for an 8-story, class A office building and parking structure in Honolulu, HI.
2 August 2012 - The underwriters of Apollo Commercial Real Estate Finance Inc's (NYSE:ARI) preferred stock issue have taken full advantage of their option to buy additional shares, the US commercial mortgage real estate investment trust said on Wednesday.
A private investor in the financial services industry, Patel has most recently served as chief operating officer and chief investment officer for Alesco Financial, a mortgage real estate investment trust with over USD15bn in assets.
a residential mortgage real estate investment trust (REIT), announced the completion of its second loan securitization of 2005 and fourth overall, a public offering of approximately $665.
A mortgage real estate investment trust, PennyMac Mortgage Investment invests primarily in residential mortgage loans and mortgage-related assets.
26 July 2012 - Citigroup (NYSE:C) and BofA Merrill Lynch have been picked to jointly bookrun a sale of shares of Apollo Commercial Real Estate Finance Inc's (NYSE:ARI) Series A cumulative perpetual preferred stock, the US commercial mortgage real estate investment trust said on Wednesday.
a residential mortgage real estate investment trust, announced the completion of its first loan securitization of 2005 and third overall, a public offering of approximately $1 billion of notes backed by residential, first-lien adjustable rate mortgage and hybrid ARM loans, through MortgageIT Trust 2005-1.
Finally, we strongly endorse the findings and comments made in the National Association of Real Estate Investment Trusts' residential mortgage real estate investment trust ("mortgage REIT") comment letter and the Securities Industry and Financial Markets Association's comment letter regarding (a) the well-regulated environment in which mortgage REITs currently operate that fosters a culture within which investors are well-protected, and (b) the significant current and future role of mortgage REITs in supporting our nation's housing markets through capital formation.
A mortgage real estate investment trust, Ellington Residential acquires, invests in and manages residential mortgage and real estate-related assets, mainly residential mortgage-backed securities for which the principal and interest payments are guaranteed by a US government agency or a US government-sponsored enterprise.
8 May 2012 - BofA Merrill Lynch, Citigroup (NYSE:C) and Credit Suisse Securities (USA) LLC have been engaged as underwriters for a public offering of common stock by PennyMac Mortgage Investment Trust (NYSE:PMT), the US mortgage real estate investment trust (REIT) said on Monday.