Annaly Capital Management Inc (NLY): Amazing Benefits for this mREIT
From Insider Monkey - Free Hedge Fund and Insider Trading Data
January 16, 2013 - 3:54pm
During a large part of 2012, the spreads that mortgage REITs in general earned were squeezed by the Fed’s third round of quantitative easing, also known as QE3. Under QE3, the Fed purchased mortgage-backed securities worth $40 billion every month with an aim to make home borrowing cheaper. This aggressive buying of MBS increased the [...]
January 16, 2013 - 3:54pm
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