DYNEX CAPITAL INC
Sector: Mortgage Investment
Latest Quote @ Sun May 5 03:21:05 (15 min delayed)
Last Day's Data
Dynex Capital, Inc., a financial services company, invests in loans and securities consisting of, or secured by, principally single family mortgage loans, commercial mortgage loans, manufactured housing installment loans, and delinquent property tax receivables. The loans and securities in which the company invests have generally been pooled and pledged as collateral for non-recourse bonds, which provides long-term financing for such loans while limiting credit, interest rate, and liquidity risk. The company qualifies as a REIT for federal income tax purposes, and will not be subject to federal income tax on the amount of its income or gain that is distributed as dividends to shareholders. Dynex Capital was incorporated in 1987 and is headquartered in Glen Allen, Virginia.