- The mortgage REIT sector finds a little sell-side love as Ladenburg Thalman upgrades Hatteras Financial (NYSE:HTS) to Buy from Neutral, noting the enticing valuation.
- Yesterday's close of $17.94 is a 18.6% discount to Dec. 31 book value. The company held steady its $0.50 dividend this quarter for an annualized yield of 11.1%.