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2006 | OriginalPaper | Chapter

25. Review of reit and MBS

Authors : Cheng-Few Lee, Chiuling Lu

Published in: Encyclopedia of Finance

Publisher: Springer US

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Abstract

In this article, the history and the success of Real Estate Investment Trusts (REITs) and Mortgage-Backed Securities (MBS) in the U.S. financial market are discussed. Both securities are derived from real estate related assets and are able to increase the liquidity on real estate investment. They also provide investors with the opportunity to diversify portfolios because real estate assets are relatively less volatile and less correlated to existing investment instruments. Therefore, REITs and MBS enhance the width and the depth of the financial market.

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Title: Review of reit and MBS
Authors: Cheng-Few Lee
Chiuling Lu
Publisher: Springer US
Book: Encyclopedia of Finance
Print ISBN: 978-0-387-26284-0

Electronic ISBN: 978-0-387-26336-6

Copyright Year: 2006
DOI: https://doi.org/10.1007/978-0-387-26336-6_51