No Insider Investment In Mortgage REITs

Discussion in 'Stock Market' started by william the wie, May 20, 2018.

  1. william the wie
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    william the wie Gold Member

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    I found that the issues that meet all my requirements: min yield 9%; monthly dividends; price less than $20 and Dividend growth, zeroed out one industry in particular, Mortgage REITs.

    So, I am asking how bad is the default rate and what is the data lag?

    This is a fairly strong indicator that the Blue Wall is going to see a lot of foreclosures and lower prices relatively soon.
     
  2. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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  3. william the wie
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    william the wie Gold Member

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    Mortgage REITs are not banks. They provide the mortgages that banks are either not allowed to lend or do not want. As with car financing bank stats have little if any relevance to the market. The banks get their origination fees and sell the loans.
     
  4. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    As with car financing bank stats have little if any relevance to the market.


    Feel free to provide data from REITs that show much higher default rates.


    This is a fairly strong indicator that the Blue Wall is going to see a lot of foreclosures and lower prices relatively soon.


    Yeah, super low default rates at commercial banks is a great indicator that blue states are crashing.

    You should buy something, or sell something. Quick!!!
     

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