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REIT statusThe coming flood of government insured zero interest mortgage money will make it very difficult to make any money in the REIT business. Novation may have a source of income. The special fund holding the dissolved trusts is probably required to be invested very low risk in money funds and government securities. In a zero interest environment, the government securities should record a significant jump. I don't think the banks will get another juicy bailout like they got before. We are going to be up to our ears in nonperforming mortgages with very little new business. The big one was not 2008. |
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Msg # | Subject | Author | Recs | Date Posted |
149610 | Re: REIT status-LOL | bankbuyer | 0 | 3/30/2020 10:59:51 AM |