Agency MBS Investments by REITs Dont Necessarily Pose a Systemic Risk, According to Richmond Fed
November 15, 2013
A report released this week by analysts at the Federal Reserve Bank of Richmond suggests that real estate investment trusts that invest in agency MBS dont necessarily pose systemic risks. While mortgage REITs clearly present risks to investors, it is not yet clear where mortgage REITs fall relative to other financial institutions in terms of their systemic risk, according to an economic brief from the Richmond Fed. REITs held...