Mortgage REITs continue to be very volatile. The group has had HUGE gains from the lows of the past two weeks but is still way down YTD - [pre] TKR GAIN Cur Pr Low Pr Date of Low MFA 480% 1.86 0.32 03/24 PMT 219% 11.18 3.5 03/18 CMO 156% 5.04 1.97 03/18 LADR 151% 6.65 2.65 03/18 RWT 140% 6.21 2.59 03/24 ORC 133% 3.57 1.53 03/18 ARR 123% 11.05 4.95 03/18 XAN 120% 2.7 1.23 03/25 ARI 117% 8.94 4.12 03/24 CLNC 112% 5.25 2.46 03/23 AGNC 110% 13.15 6.25 03/18 MITT 98% 3.95 2 03/24 NYMT 95% 1.91 0.982 03/24 STAR 95% 10.66 5.48 03/18 ABR 93% 6.84 3.54 03/18 IVR 91% 4.69 2.45 03/25 AI 90% 2.66 1.4 03/18 CIM 86% 11.92 6.42 03/18 TWO 83% 4.62 2.52 03/24 TRTX 82% 5.92 3.25 03/25 NLY 75% 6.13 3.51 03/18 DX 70% 11.96 7.04 03/18 STWD 70% 12.91 7.59 03/18 AJX 68% 6.92 4.11 03/18 BXMT 65% 20.88 12.67 03/18 WMC 61% 4.02 2.49 03/24 NRZ 57% 6.88 4.36 03/18 TRMT 36% 3.05 2.24 03/18 HASI 33% 19.92 15.01 03/18 YTD Losses - TKR % Change Cur Price Start Price AGNC -26% 13.15 17.68 STAR -27% 10.66 14.51 DX -29% 11.96 16.94 NLY -35% 6.13 9.42 CMO -36% 5.04 7.92 HASI -38% 19.92 32.18 ARR -38% 11.05 17.87 TRMT -39% 3.05 4.96 ORC -39% 3.57 5.85 CIM -42% 11.92 20.56 JCAP -42% 11.01 19.14 BXMT -44% 20.88 37.22 STWD -48% 12.91 24.86 PMT -50% 11.18 22.29 ARI -51% 8.94 18.29 AI -52% 2.66 5.57 ABR -52% 6.84 14.35 AJX -53% 6.92 14.81 NRZ -57% 6.88 16.11 CLNC -60% 5.25 13.16 WMC -61% 4.02 10.33 RWT -62% 6.21 16.54 LADR -63% 6.65 18.04 TWO -68% 4.62 14.62 NYMT -69% 1.91 6.23 TRTX -71% 5.92 20.27 IVR -72% 4.69 16.65 MITT -74% 3.95 15.42 MFA -76% 1.86 7.65 XAN -77% 2.7 11.81 AVERAGE RETURN = -51.8%