grimreaper Re:TMFZ
When they switch to REIT, they will not required to pay federal taxes(I am not sure at the state level). They are making about 20c right now after 40% tax. IF this continues, the payout could be in 30c or $1.2/year range. However, there is a big IF there. Housing market is cooling down and they are in those bubbling area, that is a concern.
I noticed that the insiders stopped selling recently, I like that.
Where did you see that they are holding the mortgage loans now?
Buy cheap, undiscovered stocks!
Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
Please post stock symbols first in all your posts.