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Apollo Residential Mortgage Inc (AMTG)

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Last Post: 2/28/2012 2:38:51 AM - Followers: 1 - Board type: Free - Posts Today: 0

Apollo Residential Mortgage, Inc. is residential real estate finance company that has been formed primarily to invest in, finance and manage mortgage-backed securities (MBS), residential mortgage loans and other residential mortgage assets in the United States. The Company is focused on constructing a portfolio of assets that is consists of a range of residential mortgage assets, including government agency MBS referred to as Agency MBS, non-Agency MBS, residential mortgage loans and other residential mortgage assets. The Company will be externally managed and advised by ARM Manager, LLC, an indirect subsidiary of Apollo Global Management, LLC. The Company is focused on acquiring and managing a portfolio of Agency MBS, which include single-family residential mortgage pass-through securities and collateralized mortgage obligation (CMOs) that a government sponsored enterprise, such as Ginnie Mae, Fannie Mae or Freddie Mac guarantees payments of principal and interest on the securities. http://www.google.com/finance?q=AMTG
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