ARMOUR Residential REIT, Inc. (ARR-PC) NYSE
20.98
-0.02(-0.10%)
Currency In USD
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ARMOUR Residential REIT, Inc.
Address
3001 Ocean Drive
Vero Beach, FL 32963
United States of America (the)
Phone
772 617 4340
Website
Sector
Real Estate
Industry
REIT - Mortgage
Employees
22
First IPO Date
January 27, 2020
Key Executives
| Name | Title | Pay | Year Born |
| Scott Jeffrey Ulm | Chief Executive Officer and Vice Chairman | 0 | 1958 |
| Desmond Macauley | Co-Chief Investment Officer & Head of Risk Management | 0 | 1970 |
| Gordon Harper | Chief Financial Officer & Secretary | 0 | 1967 |
| Lasse Kokko | Vice President of Finance & Controller | 0 | N/A |
| Sergey Losyev | Co-Chief Investment Officer | 0 | 1981 |
| Shane Rand | Head of Trading & Senior Portfolio Manager | 0 | N/A |
Description
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
