Based on Credit Suisse, The 1Q14 BV of AMTG is 3.4% higher. I see more like 5% increased due to the recovery of the loss in 30 yrs. RMBS contents. If so, AMTG has a potential of $17.3 per share
BV is up to $18.64 at March 31, 2014 which is 2.1% higher than Q4. Operation Earning is 53cents which is 13 cents higher than Q dividend 40 cents. We will see tomorrow's conference call if AMTG increase div to 50 cents.