The cat is out of the bag.
We were told we needed good luck. And the thing is, we've had a lot of good luck.
Hopefully, we just continue right on being lucky.
Anworth Mortgage Asset Corp. (ANH) remains a Buy. This tiny mortgage REIT is recovering from a plunge in interest rates that hammered the residential mortgage REITs. Having a portfolio of agency RMBS (residential mortgage-backed securities) makes the REIT more susceptible to a rapid swing in interest rates. However, we've seen interest rates stabilizing recently.
Fear Outweighed Fundamentals
While the rapid