Overview
Description
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
About
CEO
Mr. Scott Jeffrey Ulm J.D.
Employees
0
Address
3001 Ocean Drive
Suite 201
Vero Beach, 32963, FL
United States
Suite 201
Vero Beach, 32963, FL
United States
Phone
772 617 4340
Website
Instrument type
Common stock
Sector
Real Estate
Industry
REIT - Mortgage
Country
Mexico
MIC code
XMEX