Pat: I would appreciate your comments on mortgage investment corporations in general, and HarbourEdge Mortgage Investment Corp. in particular. Thanks very much.

HarbourEdge Mortgage Investment Corp. is a mortgage investment corporation (MIC).

MICs invest in pools of mortgages, then distribute most of their profits to their shareholders. Some MICs yield 6%, 7% or more annually. They sound like conservative investments because they invest in mortgages rather than… Read More