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The Purest Form Of Accretion Among Mortgage REITs

Financial Sector and Stocks Analysis from Seeking Alpha

Tue, 1 Jan 2013

By Dane Bowler : Quantitative easing brought with it reduced spreads for mREITs and the constant threat of prepayment. Consequently, market prices have plummeted well below book value for many of these companies. This introduces an opportunity for the purest form of value accretion: share buy-back. ...

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