mREITs Begin Their Plunge: Annaly Capital Management, Inc. (NLY), ARMOUR Residential REIT, Inc. (ARR) & More

Still, the agency would need changes to its charter to pave the way for principal forgiveness for loans backed by Fannie and Freddie, and that surely wouldn’t happen overnight, giving the industry time to come up with options. The mREIT sector managed to survive quantitative easing, after all. For Annaly Capital Management, Inc. (NYSE:NLY) and the others, a change at the FHFA may very well turn out to be just another surmountable obstruction on the well-traveled road to double-digit yields.

The article Are Mortgage REITs About to Drown in a Prepayment Tsunami? originally appeared on is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.