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MMAS

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MMAS

Re: None

Thursday, 04/15/2021 7:51:09 PM

Thursday, April 15, 2021 7:51:09 PM

Post# of 1778
The reason for drop was the company had a loss...probably due to the rise in interest rates as they are very rate sensitive.

However.....

Robert Cauley the CEO and his team.are very skilled at moving their investments mix to hedge for this. Ultimately they will get thru this period.

Demand for homes Exceeds Supply and Mortgages will follow.

Imo
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