UPDATE: Oppenheimer Initiates Zais Financial at Perform; Waiting for Portfolio Execution
Posted on March 05, 2013 at 10:02 AM EST
Oppenheimer initiated coverage on Zais Financial (NYSE: ZFC ) with a Perform rating. Oppenheimer noted, "Longer-term market opportunities exist for mortgage real estate investment trusts (MREITS) to provide private capital for the mortgage finance industry as the GSEs reduce the size of their portfolios and as regulatory changes continue to