Armour Residential REIT Inc. (ARR)
NYSE
Real-time Data
01:30 PM
Day's Range
16.2852 wk Range
13.98Profile - ARR - Armour Residential REIT Inc.
Profile
Mic Code
XNYS
Sector
Real Estate
Industry
REIT - Mortgage
Employees
0
Armour Residential REIT Inc. is a type of real estate investment trust that focuses on investing in government-backed mortgage securities. Primarily, it manages a portfolio of residential mortgage-backed securities (MBS), which are backed by government-sponsored entities such as Fannie Mae, Freddie Mac, and Ginnie Mae. Armour Residential REIT’s primary function is to generate income through its investments in these mortgages by utilizing strategies like leverage to enhance returns. This makes the trust crucial in providing liquidity and stability within the housing finance industry. Notably, Armour Residential REIT operates within the mortgage finance sector, impacting both real estate and financial markets by influencing mortgage rates and availability. Headquartered in Vero Beach, Florida, the trust plays a significant role in connecting investors with opportunities within the U.S. residential mortgage market. By investing in long and short-term securities, Armour Residential can adapt to varying market conditions, hence maintaining its significance in the broader economic context. Through its operations, the REIT contributes to housing market fluidity and facilitates access to capital for homeowners.
Profile Details
Type
REIT
Ceo
Mr. Scott Jeffrey Ulm J.D.
Address
3001 Ocean Drive
City
Vero Beach
State
FL
Zip
32963
Country
United States
Phone
772 617 4340
Key Executives - ARR - Armour Residential REIT Inc.
Key executives
Cross Listings - ARR - Armour Residential REIT Inc.
The information on this page is provided for general informational purposes only and is not investment advice.
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