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» The Nation’s Largest MBS-Investing REIT Has Plenty of Liquidity – But How Will It Use Its War Chest?
The Nation’s Largest MBS-Investing REIT Has Plenty of Liquidity – But How Will It Use Its War Chest?
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Fresh from buying a smaller rival – MTGE Investment Corp. – Annaly Capital Management this month announced its intention to sell 75 million additional shares of common stock, a capital raise that will bring in roughly $750 million.