18.68
-0.17(-0.90%)
Currency In USD
Address
3001 Ocean Drive
Vero Beach, FL 32963
United States of America
Phone
772 617 4340
Website
Sector
Real Estate
Industry
REIT - Mortgage
Employees
0
First IPO Date
December 03, 2007
Name | Title | Pay | Year Born |
Mr. Scott Jeffrey Ulm J.D. | Chief Executive Officer, Vice Chairman & Head of Risk Management | 0 | 1958 |
Shane Rand | Head of Trading & Senior Portfolio Manager | 0 | N/A |
Mr. Sergey Losyev C.F.A., CFA | Co-Chief Investment Officer | 0 | 1981 |
Mr. Desmond E. Macauley | Co-Chief Investment Officer & Head of Risk Management | 0 | 1969 |
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.