Chimera Investment: I Am Still Buying This 11% Yielding Mortgage Trust

Dragon Claws Mortgage real estate investment trusts are primed to become more attractive investments for passive income investors as the central bank is poised to lower short-term interest rates and provide the highly leveraged sector with relief in terms of lower financing costs. Chimera Investment Corporation (NYSE:CIM) is one mortgage trust that I think is worth paying close attention to, since the trust's stock is selling for an exaggerated discount to book value. The mortgage real estate investment tru ...