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  1. phil

    Mortgage REIT sector downgraded by Compass Point

    09:43 AM ET · AGNC

    • It’s not just Annaly. Compass Point is ringing the register on a wide swath of the mortgage REIT industry today. American Capital Agency (AGNC -1.6%), Anworth Mortgage (ANH -1.3%), Armour Residential (ARR -1.2%), CYS Investments (CYS -1%), Hatteras (HTS -1.5%), and Western Asset Mortgage (WMC -1.4%) are all cut to Hold from Buy.
    • All have been big gainers this year, likely narrowing their discounts to book value and – in at least one case – maybe climbing above it.
    • ETFs: REM, MORT, MORL
    var isMC=true; var adSize=’320×50′; var ord = Math.floor(Math.random()*10e12); var seekingalpha_ad_src=’http://ad.doubleclick.net/N6001/adj/sek.mobile/app;sz=320×50,320×250;x=x;tile=1;d=mobile;t=app;mcid=true;mcid=1641183;d=etf;s=AGNC;s=ANH;s=ARR;s=CYS;s=HTS;s=WMC;s=REM;s=MORT;s=MORL;’+dart_my_vocation_and_profiles()+’ord=’+ord+’;dev=ip?’; document.write(”);



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