Why Buffett Is Buying mREITs Now
by | Posted 6.18.2012 | Post Comment (No Comments)

It looks like the Sage of Omaha himself could be planning to get into the mortgage Real Estate Investment Trust (mREIT) business. Bloomberg reported that Warren Buffett’s company, Berkshire Hathaway (BRK.A), has filed papers that state an intention to buy at least part of ResCap Financial’s loan portfolio. ResCap is the bankrupt privately-held mREIT controlled

Read the rest of this post @ DividendKings