MITT - stevehemingway/trading GitHub Wiki
tags: thesis/rising-rates ...
A mortgage REIT that is surely too small to survive.
Probably it will go under if there is a crash in house prices, but there must be safer ways to play this. ETFs?
AG Mortgage Investment Trust, Inc. operates as a residential mortgage real estate investment trust in the United States. Its investment portfolio comprises residential investments, including non-agency loans, agency-eligible loans, re-and non-performing loans, and non-agency residential mortgage-backed securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2011 and is based in New York, New York.