"The active involvement of policymakers in the mortgage market ... has introduced unique...
"The active involvement of policymakers in the mortgage market ... has introduced unique challenges for all investors," says Annaly (NLY -3.7%) CEO Wellington Denehan-Norris on the earnings call (transcript), not hiding her frustration with all the meddling. Credit Suisse cuts its price target on NLY to $16 from $17. (earlier)
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