“I think mortgage REITs have glossed over the risks,” Brad Golding, managing director at Christofferson, Robb & Co, said in the article. “There are investors that are not sophisticated enough to understand what is going on here and, eventually, whether it is spreads blowing out or higher short-term rates, there are going to be real problems.”
iShares Mortgage Real Estate Capped ETF
For more information on real estate investment trusts, visit our REITs category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own REM.