mortgage servicing-rights focus differs from typical MREIT model.
Rhythm Capital is framed as a rare MREIT-like exception because it focuses on mortgage servicing rights and real-estate business assets.
Rhythm Capital is presented as unlike a traditional MREIT that mainly buys pre-existing mortgages. Its emphasis on mortgage servicing rights and a portfolio of real estate businesses makes it a structural outlier, so the usual dividend-cut pattern may not apply the same way.