GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
Rating: MFA
Market Perform

mfa financial inc (NYSE: MFA) downgraded to Market Perform by Wells Fargo

Friday,  Jan 15, 2016  10:25 AM ET by Dave Ficere

Wells Fargo downgraded mfa financial inc (NYSE: MFA) to Market
Perform. Previously Wells Fargo rated Outperform mfa financial inc (NYSE: MFA) on 11/16/2012, when the stock price was $7.91.

MFA Mortgage Investments, Inc. is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in mortgage-backed securities (MBS). The Company’s assets consist of hybrid and adjustable-rate MBS (collectively, ARM-MBS) issued or guaranteed by a federally chartered corporation, such as Federal National Mortgage Association or the Federal Home Loan Mortgage Corporation, or an agency of the United States Government, such as the Government National Mortgage Association, ARM-MBS rated by at least one nationally recognized rating agency, and MBS-related receivables and cash. At December 31, 2007, 94.8% of total assets consisted of Agency MBS, 5.1% consisted of non-Agency AAA-rated MBS. Non-Agency MBS rated below AAA unrated, comprised less than 0.1% of its remaining assets. In addition, the Company, through its wholly owned subsidiaries, provides investment advisory services to third-party institutions with respect to their MBS portfolio investments.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.



RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy