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  • Hatteras Financial: Thanks For Shorter Duration On The Swaps [View article]
    I appreciate and utilize the information provided in your various articles re: MREITS. After successful investing I am still learning and your articles have assisted in the process.
    But, I would make a suggestion that you provide either an on line series or possibly a learning session at one of the many investor related conferences. This series would provide the non financial investor the opportunity to learn the key elements of investing in MREITS. This would include swaps, cpr, dollar roll, tba's, "at risk leverage", etc.
    A clear understanding of these elements and how they relate to the overall performance of MREITS would give the investor the tools necessary to make better informed investing decisions.

    Again, appreciate your work.
    Feb 3, 2015. 08:57 AM | Likes Like |Link to Comment
  • Comparing American Capital Agency Corp.'s BV, Dividend, Risk, And Valuation To Several mREIT Peers [View article]

    Good article. It's value is great due to the comparisons which are essential in making overall investment/allocation decisions within the mReit sector.

    When are you going to develop and publish a subscription based weekly/monthly newsletter of the mReit sector.
    Jan 21, 2015. 11:39 AM | 1 Like Like |Link to Comment
  • American Capital Agency's Dividend Sustainability Analysis (Post Q3 2013 Earnings) - Part 2 [View article]
    If your time horizons are long term and you are ready and capable of accepting smaller and smaller dividends then hold AGNC. They have already fired the co chief of investments, who is next. AGNC has been behind the market curve for over 12 months. As a MREIT leader they should be leading not following. Overall, I am surprised more individuals have not lost their positions with this dismal performance and excuse making.

    I have sold all my AGNC, but will continue to read Scott's great articles. They will provide the right timing to either get back in or to play AGNC short term.
    Nov 19, 2013. 11:48 AM | 3 Likes Like |Link to Comment
  • Kain's co-CIO departs American Capital Mortgage [View news story]
    This is big boy business. Someone must take the fall for the extreme underperformance. It will be interesting if this translates into some type of mea culpa from Kain. Unfortunately we are still looking at a significant dividend reduction now and the next quarter.
    Nov 14, 2013. 09:58 AM | Likes Like |Link to Comment
  • Annaly: Anatomy Of An mREIT In A Fed Tapering Scenario [View article]
    First analysis I have seen using "best guess" projections thru 2014. As with any model you can tweak various elements which will create a realistic range, based on good data, of mREITs most important elements BK and Dividend.

    Very useful. The next question is will the same analysis be conducted on AGNC or possibly a couple of hybrids i.e. TWO and IVR?

    Very good work.

    Jun 20, 2013. 03:52 PM | Likes Like |Link to Comment
  • Atlantic Power: A Tale Of Misinformation [View article]

    Thorough review and analysis. I believe the management of AT has been party to a complete insensitivity to shareholder interests - other then their own. It is this type of behavior that should be monitored and censored by the NYSE , but of course, that will not happen.

    I too sold on Friday since I have lost all confidence in AT management and their reporting.
    Mar 4, 2013. 10:03 AM | Likes Like |Link to Comment
  • Some Fallacies About Mortgage REITs - And Why They're Ideal For Income Investors [View article]

    Allow me to add my thanks and hearty support for your atricle. Succinct, factual and spot on.

    I am long with AGNC, NLY and TWO. Your recommendation of MTGE needs a bit of support. I know this is a "spin off" of Gary Kain who is also leading it. Is it's objectives, make up and investment portfolio the same as AGNC's?

    Keep up the good analysis and writing.
    Jun 26, 2012. 10:06 AM | Likes Like |Link to Comment
  • Super Committee Failure: Is The U.S. Political System Broken? [View article]
    Thrifmaven - your comments are part of the problem. The US has been populated with radicals who have no understanding of what democracy is about as well as how to successfully run a country.

    Our current problem is our current president is the one of the least qualified to be elected in the last 50 years. He is a Chicago crony politician who has never run anything, other then a campaign, prior to becoming president.

    The problem we are now facing will only be resolved in the election of 2012. We have two opposite political models - small gov't vs big gov't; live withing your means or spend and live beyond your means; providing unfunded entitlements vs balanced budget. This philosophical divide is what is causing our current problem plus the most divisive president and a Democrat leadership in the Senate, Mr Reid.

    Therefore I suggest everyone register and vote in 2012 otherwise you should not be espousing you views since you are part of the problem and not the solution.
    Nov 23, 2011. 10:31 AM | 3 Likes Like |Link to Comment
  • The National Credit Union Administration is blaming four banks (rumored to be GS, BAC, JPM, C) for the collapse of five key credit unions during the financial crisis, and threatens to sue the banks unless they agree to refund $50B of mortgage-backed securities.  [View news story]
    These four banks should be broken up and their leaders and Board of Directors jailed. Congrats to the National Credit Union Administration for taking this action.
    Mar 23, 2011. 08:20 AM | 6 Likes Like |Link to Comment
  • The confrontation in Wisconsin is all about busting public employee unions and has nothing to do with fixing a budget crisis in the state, Paul Krugman writes. Unions act as a "counterweight to the political power of big money," so big money wants them out of the way.  [View news story]
    As usual Krugman is defending the liberal, academic view of what economics was rather then the reality of power politics.

    Public unions are abhorrent to a free market and anathema to the concept of "public servant". The financial weight they utilize in elections particularly in states which have a "closed shop" - that is a monopoly for those economists i.e. Krugman distorts freedom of speech and choice of the individual members since they have no recourse.

    I would suggest Mr. Krugman look at California as a worst case scenario of "public servant" unions run amok.

    Yes - Mr. Krugman the issue in Wisconsin is about budgets as well as politics. But, this issue has been relatively muted until the long term efforts of public unionism has been dollarized so the public can see what they have to pay.

    Mr. Krugman, let the public speak or are the East Coast liberals too abhorrent to popular elections and democracy - maybe they have a concern that their feathered nests are being jeopardized.

    J. Renner
    Feb 21, 2011. 04:45 PM | 25 Likes Like |Link to Comment