Here's how knowledge of interest rate changes helped me uncover some some irregularities in a private mortgage investment corporation. This is also a lesson in why if you have questions - you should put up your hand and ask them...even if no one else is asking the question.
Aravind details the some questions he asked to a private mortgage investment corporation specifically related to the rise in interest rates and a lack of the same increase in the yield of the MIC.
This is a great post for those who are looking to up their knowledge of mortgage investment corporations and the types of questions one should be asking if they are doing due diligence on investment products outside of the public stocks & bonds.
Aravind Sithamparapillai
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