Invesco Mortgage Capital faces $5.4B repo rollover risk as market conditions tighten
Invesco Mortgage Capital Inc. carries $5.4 billion in repurchase agreement borrowings that require continuous refinancing. The mortgage REIT faces catastrophic risk if repo lenders withdraw funding or increase haircut requirements. Asset liquidation at depressed prices could result if the company cannot roll over short-term debt.
ViaNews Editorial Team (Markets)•