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 ?
(NASDAQ: TMCX) and the Broadmark real estate lending companies and management companies, have entered into a definitive merger agreement for a business combination transaction to create an internally-managed, mortgage real estate investment trust with an expected equity value of USD 1.5bn, the companies said.
Trinity Merger and Broadmark announced that they have entered into a definitive merger agreement for a business combination transaction to create an internally-managed, mortgage real estate investment trust, or REIT, with an expected equity value of $1.5B, assuming no redemptions by Trinity stockholders or Broadmark members.
A mortgage real estate investment trust (REIT), PennyMac Mortgage Investment Trust invests primarily in residential mortgage loans and mortgage-related assets.
At present, she serves on the board of directors of Dynex Capital, Inc., an internally managed mortgage real estate investment trust, as well as Eaton Vance Management, a leading global asset management company.
The International Finance Corporation (IFC) has signed a secured loan of MXN2,000 million (US$107 million equivalent) to support the funding diversification base of Fideicomiso Irrevocable F/2061 FHipo (FHipo), the first Mortgage Real Estate Investment Trust (MREIT) traded in the Mexican Stock Exchange (BMV).
OAK BROOK In-point 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, Hawaii.
American Capital on plus side in 3Q American Capital Mortgage Investment Corp., of Bethesda, a mortgage real estate investment trust that invests in, finances and manages a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other mortgage-related investments, reported net income of $13.7 million, or 25 cents per diluted share, for the third quarter after two straight quarters of losses.
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.
MortgageIT Holdings, Inc., 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 $665.4 million in aggregate principal amount of notes backed by residential, first-lien adjustable rate mortgage (ARM) and hybrid ARM loans, through MortgageIT Trust 2005-2.
The analyst sees an opportunity to purchase the stock ahead of "continued alpha generation" and to capture one of the highest yields among the mortgage real estate investment trust peer group.
Mexico City: The IFC signed a secured loan of MXN2,000 million to support the funding diversification base of Fideicomiso Irrevocable F/2061 FHipo, the first Mortgage Real Estate Investment Trust traded in the Mexican Stock Exchange (BMV).
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.