Seeking Alpha

DX
Dynex Capital Inc.

5/27/2012, 6:32 PM ET
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DX Market Currents more »
  • May 21 Mortgage REITs recover, led by a bounce Newcastle  (NCT +3.4%) following its secondary, American Capital (AGNC +2.7%), and Annaly (NLY +1.8%). The sector got "Einhorned" last week when he called it expensive, noting yield-desperate Japanese owned 9% of REITs and were beginning to pull money out.
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Company Description

We are a specialty finance company organized as a real estate investment trust, or REIT, which invests in mortgage loans and securities on a leveraged basis. We were incorporated in Virginia on December 18, 1987 and commenced operations in February 1988. We invest in residential... More

Sector: Financial
Industry: Mortgage Investment
Country: United States