Altisource Portfolio Solutions S.A. (ASPS)

Today's Daily Alert bring a new recommendation from Validea Hot List. "Luxembourg-based Altisource Portfolio Solutions S.A. (ASPS) provides real estate mortgage portfolio management and related technology products, as well as asset recovery and customer relationship management services. ... It has a $1.5-billion market cap, has...
Read More

Investment Vehicle Profile: Mortgage REITs

“The carry trade is alive and well. Mortgage REITs borrow short and lend long, capturing the spread between investment and borrowing rates, known as the net interest margin. This fuels big distributions to shareholders. mREITs utilize repurchase agreements, a form of very short-term borrowing,...
Read More