For some reason their agency backed holdings weren't as impaired as AGNC's and NLY's. I am waiting for the other shoe to fall but this price is quite attractive unless........ My RSO(commercial and non agency is actually up today..
After mkt. price of RSO is down 30 cents due to AGNC huge disappointment, but I think investors are comparing apples with oranges. RSO, ARR, CIM steer clar of agency guaranteed mtgs due to nil on spread.Tomorrow should be interesting. I own 5000 RSO at 6.45 and will buy more. Comments ?