Nation’s Largest MBS REIT Posts Big Loss

Annaly Capital Management, the nation’s largest mortgage investing REIT, posted a $922 million net loss in the third quarter, citing a flattening yield curve and faster prepayment speeds.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_466/annaly-capital-mbs-reit-1027254-1.html

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