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Home » Store » News » Residential Mortgage REITs Post Big Gains in Profitability, Portfolios in 2003

Residential Mortgage REITs Post Big Gains in Profitability, Portfolios in 2003

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Real estate investment trusts focused on the residential mortgage market have been among the fastest-growing, and most profitable, investment funds in the REIT world in 2003. According to data from the National Association of REITs, total equity market capitalization for the 12 residential mortgage REITs soared to $7.03 billion as of the end of August. That was up 49.2 percent from the same time in 2002.
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