Hatteras book value declines 3.9% in Q3

|About: Hatteras Financial Corp. (HTS)|By:, SA News Editor

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.