Mortgage REITs are snapping up bonds backed by US home loans at a pace last seen before the pandemic, taking advantage of relatively cheap valuations and rallies in their own shares that helped them raise fresh cash https://t.co/ScRqz7lHTn ...

Core Insights - After experiencing significant losses in 2022, most mortgage REITs (mREITs) have remained within a trading range over the past two years, with the iShares Mortgage Real Estate Capped ETF (REM) fluctuating between $20 [1] Group 1 - The performance of mortgage REITs has been stable following a tumultuous year in 2022, indicating a potential recovery phase in the sector [1] - The iShares Mortgage Real Estate Capped ETF (REM) has shown a consistent trading range, suggesting limited volatility and investor caution [1]