Thursday, August 25, 2022 2:29:02 AM
The Federal Reserve's massive ~$2.8T MBS portfolio has not declined at the anticipated pace, meaning the Fed may soon look to sell MBS securities outright.
Orchid Island Capital has significant negative exposure to interest rates, with its sensitivity analysis suggesting a 2% rise in interest rates would cause its book value to fall ~68%.
Orchid Island's business model may be unsustainable as both lower and higher interest rates usually harm its book value, leading to chronic book value losses over the past decade.
If mortgage rates spike higher as the Federal Reserve pursues MBS sales, Orchid Island may face insolvency later this year.
---The Happy Trader
Recent ORC News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:53:54 PM
- Orchid Island Capital Announces May 2024 Monthly Dividend and April 30, 2024 RMBS Portfolio Characteristics • Business Wire • 05/08/2024 08:06:00 PM
- Orchid Island Capital Announces First Quarter 2024 Results • Business Wire • 04/25/2024 08:01:00 PM
- Orchid Island Capital Announces Estimated First Quarter 2024 Results, April 2024 Monthly Dividend and March 31, 2024 RMBS Portfolio Characteristics • Business Wire • 04/10/2024 08:10:00 PM
- Orchid Island Capital to Announce First Quarter 2024 Results • Business Wire • 04/04/2024 08:22:00 PM
- Orchid Island Capital Announces March 2024 Monthly Dividend and February 29, 2024 RMBS Portfolio Characteristics • Business Wire • 03/13/2024 08:52:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 09:08:55 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/23/2024 06:10:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 10:05:31 PM
- Orchid Island Capital Announces February 2024 Monthly Dividend and January 31, 2024 RMBS Portfolio Characteristics • Business Wire • 02/14/2024 09:50:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/01/2024 09:47:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/01/2024 09:45:58 PM
- Orchid Island Capital Announces Fourth Quarter 2023 Results • Business Wire • 02/01/2024 09:05:00 PM
- Orchid Island Capital to Announce Fourth Quarter 2023 Results • Business Wire • 01/18/2024 03:33:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/10/2024 10:23:46 PM
- Orchid Island Capital Announces Estimated Fourth Quarter 2023 Results, January 2024 Monthly Dividend and December 31, 2023 RMBS Portfolio Characteristics • Business Wire • 01/10/2024 09:31:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 01:05:46 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 01:03:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/05/2024 01:02:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/28/2023 09:11:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:47:38 PM
- Orchid Island Capital Announces December 2023 Monthly Dividend and November 30, 2023 RMBS Portfolio Characteristics • Business Wire • 12/12/2023 09:33:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 11:55:56 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/15/2023 10:02:52 PM
- Orchid Island Capital Announces November 2023 Monthly Dividend and October 31, 2023 RMBS Portfolio Characteristics • Business Wire • 11/15/2023 09:50:00 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
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