UPDATE: Wunderlich Comments on Real Estate Updates

In an industry update issued earlier today, Wunderlich Securities commented on recent developments related to housing finance and mortgage REITs (Real Estate Investment Trusts). Wunderlich went on to say in the report “On a relative basis, the mortgage REITs we track outperformed the broader market in the week ended March 30, 2012...We remain biased toward the group for income-oriented investors. We think that dividends could decline from current indicated levels, though we think any such declines will be modest. We think price appreciation may be muted in the group, but we believe returns from dividends could produce relative outperformance in terms of estimated total return for selected stocks in the group.”