NYMTN News and Press, New York Mortgage Trust Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock From 02/19/19

Focus of Article: The focus of this article is to provide readers fixed-rate agency mortgage-backed security (“MBS”) price movements during the first quarter of 2019 (through 2/15/2019). This includes pricing for both 15- and 30-year fixed-rate agency MBS holdings. Due to the c...

I put out a note the other day on a new preferred stock issue by Chimera Investment (CIM) where I noted that it was the first mREIT preferred since September of last year. No sooner did the market digest that issue that another mREIT tapped the preferred market. The newest issue was done by ...

On January 15, 2019, Chimera Investment did the first mREIT preferred since September 14, 2018 - which was also issued by Chimera. Following the trend we have seen in the space, the REIT issued a fixed to float structure, with the floating rate the LIBOR equivalent of the eight percent fixed r...

Introduction/Recap: On 1/30/2019, AGNC Investment Corp. ( AGNC ) reported results for the fourth quarter of 2018. AGNC reported a net loss of ($804) million, other comprehensive income (“OCI”) of $361 million, a comprehensive (total) loss of ($443) million, a non-tangible book ...

100% of our revenue from this article in the first month will be donated to a charity . In January & February, we will be supporting 2 Blondes All Breed Rescue. Earlier this week, we wrote an article on 5 high yields in the preferred share space. We’d like to dig a little deepe...