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To: MCsweet who wrote (170)4/25/2012 9:45:57 AM
From: MCsweetRespond to of 189
 
MFO follow up,

Hear me now and listen to me later. Someone took out the 24.85 in a monster print at the open. deeno was that you :)

I thought the deal wouldn't last long, but this is much quicker than I expected.

MC



To: MCsweet who wrote (170)4/27/2012 9:30:08 AM
From: Jurgis BekepurisRead Replies (1) | Respond to of 189
 
MFO - do you think it's much safer than MFA common (yielding 13%??)? It seems that if MFA gets in trouble (by buying junk MBS?), being senior to common won't help much, since all their assets are investments in MBS... Although I admit that there might be situations where only portion of the assets is impaired and MFO gets a cut while MFA tanks/etc. I am not a great mREIT expert. ;)