Net income of $0.44 in Q3. Dividend was $0.55.
Book value of $21.31 per share is off 3.9% from the end of Q2. Today's close of $19.01 is a 10.8% discount.
Like fellow ARM player Capstead Mortgage, CPR rate is elevated at 19.7% for Q3; company says October's CPR has declined to 14.1%.
Net interest spread of 0.86% is off 7 basis points from Q2.
Conference call tomorrow at 10 ET.
HTS -1.4% AH.