ARMOUR Residential REIT, Inc. (ARR) NYSE
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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
20
First IPO Date
December 03, 2007
Key Executives
| Name | Title | Pay | Year Born |
| Scott Jeffrey Ulm | Chief Executive Officer and Vice Chairman | 0 | 1958 |
| Gordon Harper | Chief Financial Officer & Secretary | 0 | 1967 |
| Lasse Kokko | Vice President of Finance & Controller | 0 | N/A |
| Shane Rand | Head of Trading & Senior Portfolio Manager | 0 | N/A |
| Desmond Macauley | Co-Chief Investment Officer & Head of Risk Management | 0 | 1970 |
| Sergey Losyev | Co-Chief Investment Officer | 0 | 1981 |
Description
ARMOUR Residential REIT, Inc. (ARR), founded in 2008 and based in Vero Beach, Florida, primarily allocates its capital to residential mortgage-backed securities (MBS) within the United States. Its investment holdings predominantly comprise MBS that are either issued or guaranteed by U.S. Government-sponsored entities (GSEs) and the Government National Mortgage Association (GNMA. These securities are underpinned by various home loans, including fixed-rate, hybrid adjustable-rate, and adjustable-rate mortgages. The company's portfolio also encompasses unsecured debt instruments and bonds from GSEs, U.S. Treasury securities, and money market funds. Furthermore, ARR invests in other residential mortgage-backed securities where the principal and interest payments lack a guarantee from a GSE or other government agency. As a Real Estate Investment Trust (REIT) under the Internal Revenue Code, the company benefits from an exemption from corporate income tax on the portion of its net earnings that is distributed to its shareholders.
