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
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.
US-based mortgage REIT
AG Mortgage Investment Trust, Inc.
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