What is mortgage REIT?
An mREIT: a REIT that invests primarily in real estate debt (mortgages, MBS, and credit instruments) rather than owning property, earning a net interest spread and often using leverage such as repo financing.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.