Credit Suisse just released a 2012 outlook for mREITs and the picture is still good…as long as “Helicopter Ben” keeps rates this low, RMBS (especially non-agency) is going to be a great place for yield hunting and seeing how committed the FED is towards keeping rates low (which is why we recommended this space after the last FOMC meeting), this opportunity should be around for awhile.
Their top recommendation: TWO Harbours…which is also our favorite pick (and yielding 16%).