Replies to post #12963 on Coffee Sipping Big Board Stocks

[EZ2]

due to sector position...important to understand how dividend payments are treated as well:
-----------------------------------

Arbor Realty Trust Announces Tax Treatment of 2007 Dividend Distributions

--------------------------------------------------------------

PRNewswire
08:30 a.m. 01/29/2008


UNIONDALE, N.Y., Jan 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Arbor Realty Trust, Inc. (ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and other real estate related assets, announced today the tax treatment of its 2007 dividend distributions for the Company's common shares of beneficial interest.

During 2007, the total per share distributions paid on Arbor Realty Trust, Inc. common stock was $2.46. For tax reporting purposes, 94% of the total distributions, or $2.32, will be classified as dividend income (of which 18% or $0.42 are qualified dividends) and 6% or $0.14 are capital gain distributions. The 2007 distributions paid with respect to Arbor Realty Trust's common stock (CUSIP #038923108 and traded under ticker symbol ABR) are summarized on a quarterly basis, as follows:

Total Non- Capital Record Payment Distribution Qualified Qualified Gain Date Date per share Dividend Dividend Distribution 02/05/2007 02/20/2007 $ .60 $ .25 $ .35 $ .00 05/16/2007 05/25/2007 .62 .62 .00 .00 08/15/2007 08/27/2007 .62 .48 .00 .14 11/15/2007 11/26/2007 .62 .55 .07 .00 $ 2.46 $ 1.90 $ .42 $ .14


Note: "Qualified dividend income" will be eligible for reduced dividend rates. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Arbor Realty Trust, Inc. dividend distributions.

About Arbor Realty Trust, Inc.

Arbor Realty Trust, Inc. is a real estate investment trust which invests in a diversified portfolio of multi-family and commercial real estate related bridge and mezzanine loans, preferred equity investments, mortgage related securities and other real estate related assets. Arbor commenced operations in July 2003 and conducts substantially all of its operations through its operating partnership, Arbor Realty Limited Partnership and its subsidiaries. Arbor is externally managed and advised by Arbor Commercial Mortgage, LLC, a national commercial real estate finance company operating through 11 sales and origination support offices in the US that specializes in debt and equity financing for multi-family and commercial real estate.

Safe Harbor Statement

Certain items in this press release may constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Arbor can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from Arbor's expectations include, but are not limited to, continued ability to source new investments, changes in interest rates and/or credit spreads, changes in the real estate markets, and other risks detailed in Arbor's Annual Report on Form 10-K for the year ended December 31, 2006 and its other reports filed with the SEC. Such forward- looking statements speak only as of the date of this press release. Arbor expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Arbor's expectations with regard thereto or change in events, conditions, or circumstances on which any such statement is based.

Contacts: Investors: Arbor Realty Trust, Inc. Stephanie Carrington Paul Elenio, Chief Financial Officer The Ruth Group 516-832-7422 646-536-7017 [e-mail] [e-mail] Media: Bonnie Habyan, SVP of Marketing 516-229-6615 [e-mail]



Copyright (C) 2008 PR Newswire. All rights reserved

[EZ2]

Ahead of the Bell: Mortgage Applications
Wednesday February 6, 6:32 am ET
Trade Group to Report Home-Loan Volume As Refinance Frenzy Follows Lower Rates


WASHINGTON (AP) -- Home-loan data to be released Wednesday will show whether applications rose for the fifth-straight week as borrowers took advantage of attractive rates to refinance.
The Mortgage Bankers Association is scheduled to report its index of home-loan application volume for the week ended Feb. 1 at 7 a.m. EST. The seasonally adjusted index surged last week to the highest level since March 2004, fueled by a rush of refinancing applications.

For the week that ended Jan. 25, the trade group's seasonally adjusted index of mortgage application volume rose 7.5 percent to 1054.9, as a 22.1 percent jump in refinancing applications outweighed a 17.7 percent drop in purchase applications.

Freddie Mac, the mortgage company, reported last week that 30-year, fixed-rate mortgages in the U.S. averaged 5.68 percent, up from 5.48 percent a week earlier. That had been the lowest level in nearly four years.

The mortgage bankers' index, which stood at 100 at its onset in March 1990, is derived from a survey of major lenders representing about half of the U.S. mortgages made each week. It does not include loans made by nonbank lenders.

The index has fluctuated over the past 18 months after sinking in June 2006 to 529.6, its lowest level since 2002. It peaked at 1,856.7 in May 2003 at the height of the housing boom.

The mortgage industry's woes, which started with rising defaults among borrowers with weak credit and spread to better-quality loans, have shuttered dozens of lenders and led to multibillion dollar losses. On Tuesday, GMAC LLC said it lost $724 million in the fourth quarter of 2007 due to poor performance at its residential lending division.