Big Day for mREITS as Sector Gets Upgrade

Shares of real estate investment trusts that invest in mortgages and mortgage-backed securities had a banner day Tuesday. The iShares Mortgage Real Estate Capped ETF (REM) was up 2%. Many residential mREITs gained more than 3%. Thanks go mainly to Wells Fargo analysts, who upgraded the sector. It may have also helped that the Greek […]

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