NYMTN News and Press, New York Mortgage Trust Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock From 05/04/21

On 4/26/2021, AGNC reported results for the first quarter of 2021. AGNC reported comprehensive income of $738 million and a non-tangible BV as of 3/31/2021 of $18.72 per common share. In this article, I will discuss my previous account projections versus actual results. I will also di...

The U.S. equity market rally stalled this past week as intensifying COVID issues in India and domestic inflationary concerns offset a stellar slate of corporate earnings reports and economic data. The S&P 500 edged out gains of 0.1% - notching gains in five of the past six weeks -...

We’ve got a few larger positions in our portfolio. They are generally in shares where the price is quite steady. One of those positions is in ARR-C. The shares carry a fixed-rate dividend at 7%, which is a material return in a relatively expensive market. The monthly divide...

The stock market today doesn’t have as many bargains. Plenty of amateurs may be hunting for high yields. What do they like besides dividends? Hopefully, some rhymes. It's an opportunity to get educated about mortgage REITs, share issuance, and the impact of interest rates. ...

I am projecting AGNC will report a combined notable unrealized loss on available-for-sale securities and investment securities measured at FMV for the first quarter of 2021 (MBS investments). Lower coupon generic 15- and 30-year fixed-rate agency MBS coupons had notable price decrease...

The market is getting more expensive. There’s no way around it. Investors should be cautious, but most are apathetic. There are still a few mortgage REITs trading at favorable discounts with some upside built in. There aren't many, so buying blindly is an exceptionally poor pla...

This series projects AGNC’s income statement for the first quarter of 2021. These projections help readers understand how some of the fixed-rate agency mREIT sector performed (valuable insight). I am projecting AGNC will report a notable increase in net spread income for the fi...

Some mortgage REITs are still attractive, but several are not. We recently warned investors about one of the less attractive deals, down more than 11%. This lesson illustrates the importance of price-to-book ratios, which is a topic we continue drilling into investors. Investors d...

Expensive valuations, low underlying yields and increased issuer calls have generated concerns about CEF distribution cuts. We take a look at ways investors can mitigate the risk of CEF distribution cuts. We also highlight a number of investment options across CEFs and senior secu...

The rally in the mortgage REIT was incredible. It lived up to everything we projected and then delivered a little bit more on top. AGNC delivered 39% in 10 months. With such a large rally in the sector, and in the market overall, there are fewer opportunities. Investors should be will...