AIW News and Press, Arlington Asset Investment Corp 6.625% Notes due 2023 From 10/30/20

Risk is still high, but we’ve got quality mortgage REITs at substantial discount to book value. We don’t advocate going “all in,” but investors should be building positions. NLY, PMT and NYMT each demonstrate a substantial discount to book value. Each has o...

Readers love our series on the different types of REITs. We’re bringing a similar layout to preferred shares. There are several options among the mortgage REIT preferred shares we cover. By covering the sector, we’ve got a more detailed view on the individual shares. ...

I am projecting AGNC will report a modest (at or greater than 5% but less than 10%) BV increase for the third quarter of 2020. This projection is mainly due to the minor-modest net price increases in most fixed-rate agency MBS coupons and a minor-modest net valuation gain within AGNC'...

We’re highlighting Western Asset Mortgage Capital Corp., a very rare entry in our columns. We’re highlighting it because shares are in the neutral range. Shares are getting much closer to the target buy range, and are now quite far from our prior Sell ratings. Discou...

Our latest purchase in the sector is PMT. We think PMT is a great choice today following the substantial decline in share price since the Q2 2020 earnings. PMT has underperformed the most similar mortgage REITs lately. Shares dipped all the way into the strong buy range. PMT carries a...

We’re highlighting two good mortgage REITs trading at substantial discounts to book value: CMO and NYMT. We're bullish on both. Each trades at a large enough discount to offer substantial upside, and the portfolio of MBS they carry is capable of performing well in this environm...

I am projecting AGNC will report a modest gain regarding the company’s derivative instruments and other securities for the third quarter of 2020. Interest rate payer swaps and U.S. Treasury securities across most tenors/maturities experienced a minor-modest increase in rates/yi...

In the vast universe of ETFs, over the past year, ARK Invest runs 5 of of top 10 best performing ones. The ARKW: Next Generation Internet Fund is the second best performing ARK ETF so far this year (just behind the Genomics ETF). Today, I'll look at the ARK philosophy and what mak...

We're highlighting the mortgage REITs with more MSRs today: Bullish ratings on CHMI, TWO, PMT, and NRZ. We highlighted several of these REITs together before. It was 04/06/2020 and responses were mixed. Some investors hated the idea of buying at around 30% of book value. Discounts...

This series projects AGNC’s income statement for the third quarter of 2020. These projections help readers understand how most of the fixed-rate agency mREIT sector performed (valuable insight). First, I am projecting AGNC will report a minor decrease in interest income for the...