Level from micro data on public operating REITs compiled by and purchased from S&P Global. Level is calculated as the sum of Total Assets (SNL variable 220) plus Total Allowances (SNL 4346) of all mortgage REITs . Mortgage REITs are defined as investment companies with a Mortgage REIT, MBS REIT, or Specialty Finance REIT primary focus. Unadjusted transactions are the change in the level, less other volume changes. Other volume changes include charge-offs on one-to-four-family residential mortgage loans beginning 2007:Q1 which are estimated by the FOF section. Data for the most recent ten years show no significant seasonality.
Last edited on: 06/04/2014