Annaly vs. Starwood: Which Mortgage REIT Offers More Resilience Now?

Key Takeaways NLY's diversified portfolio and MSR growth position it for improved returns as mortgage rates decline. STWD has optimized its portfolio via major property sales but faces liquidity pressure from high debt. NLY trades at a discount with upward earnings revisions, while STWD trades at a premium.Both Annaly Capital Management (NLY) and Starwood Property Trust, Inc. (STWD) are mortgage real estate investment trusts (mREITs) that invest in mortgage-backed and other real estate-related securities. ...