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Well, thanks again vbt. Helps to hear a reasoned opinion. I have to admit of all my stocks I am still learning about this sector the most.
This sector group really started coming into focus 9 months ago( and interesting how retail investors haven't really gotten into investing in this area yet....... a good sign for those who are in now ). This is an exciting sector for the long run.
Good luck and invest wisely.
Thank you for your posts. if NSM buys a the loan portfolios why would they not have it on their books? Would you please explain why the following is true?
"They make a % for servicing... but they don't have the loans on their books. So, defaults have a minimal effect on them. "
Thanks again vbt. Do you have any recommendations on books or sites that would be helpful in my learning process for this sector?