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Slide #29. American Capital Mortgage Investment Corp. — Residential Credit Solutions, Inc.
American Capital Mortgage Investment Corp. (MTGE)
Residential Credit Solutions, Inc.
American Capital Mortgage Investment Corp. announced that, through a subsidiary, it has acquired Residential Credit Solutions, Inc. ("RCS"), a licensed mortgage servicer based in Fort Worth, Texas.
MTGE Investment invests in, finances and manages a portfolio of real estate-related investments, which include agency residential mortgage-backed securities (RMBS), non-agency securities, other mortgage-related investments and other real estate investments. Agency RMBS include residential mortgage pass-through certificates and collateralized mortgage obligations. Non-agency securities include securities backed by residential mortgages that are not guaranteed by a government-sponsored enterprise or U.S. Government agency and credit risk transfer securities. Other mortgage-related investments may include mortgage servicing rights and commercial mortgage-backed securities.
Open the MTGE Page at The Online Investor »
Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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