✉news BusinessReal Estate first seen 9 h ago, last 9 h ago, peak #33
AGNC Investment Q3 Call Highlights Mortgage Market Pressure
Original: AGNC Investment Q3 Earnings Call Highlights Mortgage Market Pressure
AGNC Investment Corp, the Maryland-based mortgage real estate investment trust, held its third-quarter earnings call, with management pointing to continued pressure in the mortgage market. The discussion centred on how higher rates and market volatility are affecting the company's portfolio of agency mortgage-backed securities and its dividend outlook. Investors are watching the company's commentary closely for signals on where the mortgage market heads next.
Why now: The Q3 earnings call coincides with ongoing investor concern about elevated interest rates weighing on mortgage-focused REITs.
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