Fri, Jul 25, 2014, 10:04 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Annaly Capital Management, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • xxavatarxx xxavatarxx Nov 15, 2012 6:03 PM Flag

    Holy Moly !!! Annaly buyers swarming in !!

    Jonk did you see "the street" article today about the refi panic being overblown.

    See what Bose George said below about refi's.

    Doesn't that sound like what I've been telling you with NLY.
    Accept with NLY it's just naturally happening due to their high CPR and the fact they sell MBS each quarter for a profit.
    To much portfolio turn over is grinding out their high yielding MBS into over priced low yielding MBS.

    ------------------------------------------------------------
    Keefe Bruyette & Woods analyst Bose George believes fears over refinancing are an important reason for the selloff. An increase in refinancing is negative for mortgage REITs because it forces them to reinvest high-yielding MBS that they bought in previous years at interest rates that have fallen to new lows.
    ------------------------------------------------------------

 
NLY
11.33+0.04(+0.35%)Jul 25 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.