1 Number I'm Watching at MFA Financial
This year has been a wild one for mortgage REITs (mREITs). The COVID-19 crisis created a credit crunch that swept through the entire sector, causing big declines in book value and sizable dividend cuts. For the most part, the sector's crisis is over, provided we don't enter another economic shutdown like we had beginning in March. For many of these stocks, it is time to start looking for value.
MFA Financial (NYSE: MFA) had what amounts to a corporate near-death experience. Is it worth an investment now?
Source Fool.com