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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© 2006 Springer Science+Business Media, Inc.
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Lee, CF., Lu, C. (2006). Review of reit and MBS. In: Lee, CF., Lee, A.C. (eds) Encyclopedia of Finance. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-26336-6_51
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DOI: https://doi.org/10.1007/978-0-387-26336-6_51
Publisher Name: Springer, Boston, MA
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