Michael Nierenberg hedges mortgage origination into a successful rising rate REIT with this one trick.
For those not familiar there is a secret religion which scorns crosses in favor of a black cube.…
The CEO of $NLY and $RITM have some choice words about the housing market in the current rate environment particularly single family homes.
I'm leaving Nashville
After Zillow's exit from iBuying market and the Fed announced rate hikes people were speculating the end of the housing market boom was in sights, and while these will cause downward pressure on prices their is still an inventory crunch causing more upward pressure.