Why U.S. Mortgage REITs are in a Dangerous Predicament as Unloading Begins
Posted on 03/25/2020
As the risk of forbearances and foreclosures in U.S. mortgages greatly increases due to the economic fallout from the Wuhan coronavirus (COVID-19) pandemic, mortgage real estate investment trusts (REIT) have been trying to lighten up their balance sheets. These mortgage assets are more at risk in states where economic activity is shut down to only […]