ANH News and Press, Anworth Mortgage Asset Corporation From 12/07/20

— Transaction Will Create a Scaled Commercial Mortgage REIT with a Combined Capital Base in Excess of $1 Billion and a Diversified Investment Portfolio — — Substantially Improved Operating Leverage Due to Increased Scale — — Investment Portfoli...

Eastman Kodak (KODK) +76%. as DFC says no laws were broken.Greenland Technologies Holding (GTEC) +60% on launching 'electric industrial vehicle market' divisionObalon Therapeutics (OBLN) +52%.Oncternal Therapeutics (ONCT) +27% on presentation of interim phase 1/2 data...

Ready Capital (RC) acquires Anworth Mortgage Asset Corporation (ANH), whereby each share of Anworth common stock will be converted into 0.1688 shares of Ready Capital common stock and $0.61 of cash consideration.The combined company is expected to have a pro forma equity capital base in exces...

Ready Capital And Anworth Mortgage Asset Corporation Announce Merger Transaction NEW YORK and SANTA MONICA, Calif., Dec. 7, 2020 /PRNewswire/ -- Ready Capital Corporation (NYSE:RC) ("Ready Capital"), a multi-strategy real estate finance company that originates, acq...

New York Mortgage Trust was one of our strongest “Strong Buy” recommendations. After rallying 95%, it’s trading within the reasonable range. Since shares are no longer hilariously undervalued, we’ll go back to a neutral rating. In this series we’...

We often focus on the mortgage REIT common shares in this series, but this time we’re going to emphasize the preferred shares. We provided readers recently with a fairly large article demonstrating the dramatic difference in the valuation of the AGNC preferred shares. Despi...

We can finally drop to a neutral outlook on ANH. Shares are up about 40% since late October. We're grateful for this opportunity to be right - again. We’re seeing far more REITs trading at reasonable valuations today. It was weird being stuck in a bullish stance on most of the ...

Mortgage fundamentals remain very strong. We have talked about agency and non-agency mREITs, now we look at a hybrid. Agency MBS provides a solid foundation, non-agency mREITs create upside opportunity. We look at two fixed-rate preferred shares and one convertible preferred. ...

Bearish ratings on mortgage REITs? Sure, we’ll go bearish on MITT and ORC. Price-to-book ratios are way too high compared to peers. Nothing wrong with ORC except the share price. Investors are getting blinded by the dividend, but they could get a better deal on similar REITs. ...

Anworth Mortgage Asset is an mREIT that has been crunched by the COVID-19 pandemic. The company's operating cash flow appears able to support its dividend. By looking at the company's metrics, I have come to two different conclusions for the common and preferred shares. For ...