mortgage REIT

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 ?
M2 EQUITYBITES-June 12, 2019-Ellington Residential Mortgage REIT declares dividend of USD0.28 per share for Q2 2019
The conference will be co-hosted by Mark Palmer and Giuliano Bologna, BTIG financials analysts, Benjamin Zucker, BTIG Mortgage REIT analyst, Julian Emanuel, BTIG chief equity and derivatives strategist and Gregory Lewis, CFA, BTIG energy and shipping analyst.
It represents the largest managed CRE CLOs issued to date by a publicly-traded mortgage REIT sponsor.
ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B ETF (MRRL): 29.49% YTD
Given an average loan-to-value ratio (LTV) of 68 percent for the commercial mortgage REIT sector and debt/equity ratio of 2x (50 percent debt/capital), KBW said mortgage REITs can withstand 15 percent to 20 percent of losses at the property level before affecting equity and that loss severities of 25 percent to 35 percent would produce equity losses of 4 percent to 7 percent.
Example: Assume a mortgage REIT is selling at a 10% discount from book value and the mortgages are yielding 10% inside the REIT.
Given the ongoing changes in the REIT industry, we have analyzed the return behavior of the equity REIT, mortgage REIT, and S&P 500 indices using monthly data for the period of 19722001, to see if previously identified return patterns still hold for REITs relative to stocks.
Under his guidance, AMAC, a publicly traded mortgage REIT focusing on multifamily mortgage investing, increased its asset base, earnings per share and stock market capitalization more than 300 percent.
I am proud of Anworth's long-term record of delivering attractive levels of income and total return to shareholders and am confident that as a hybrid mortgage REIT, we have the right team and opportunistic strategy in place to continue that success as the residential mortgage market evolves," Joseph E.
Figure 1 2006 Mortgage M & A Transactions (1) Sellers Buyers Bank Subsidiary Megalender (2) Mortgage Bank Banks and Thrifts 2 1 9 Investment Banks 1 0 3 Investment Company 0 0 0 Megalender 0 0 1 Mortgage Bank 3 0 8 Mortgage REIT 1 0 4 Private Equity 1 0 0 Grand Total 8 1 25 Sellers Buyers Mortgage REIT Other Sub Servicer Grand Total Banks and Thrifts 0 0 0 12 Investment Banks 3 0 1 8 Investment Company 0 0 1 1 Megalender 0 1 0 2 Mortgage Bank 1 1 0 13 Mortgage REIT 2 0 1 8 Private Equity 0 2 0 3 Grand Total 6 4 3 47 (1) Does not include deals involving the purchase of loan portfolios or mortgage servicing rights (2) Golden West Corporation, Wells Fargo & Co.
M2 EQUITYBITES-March 18, 2019-Ellington Residential Mortgage REIT declares date of annual shareholders meeting and date of record