Annaly Capital Management, Inc. (NYSE: NLY) (the "Company" or "Annaly") announced today the publication of its third corporate responsibility report f Any forward-looking statements made during today's call are subject to certain risks and uncertainties including with respect to COVID-19 impacts, which are outlined in the risk factors section in our most recent annual and quarterly SEC filings. biography. This is in large part due to the ongoing decisive actions taken by the Federal Reserve, which have been successful in restoring markets and easing credit strains. Prior to that, he worked at AT&T and its finance subsidiary from 1986 to 1999 in various financial management roles. Mr. Reeves was formerly a law partner of McDermott, Will & Emery and a corporate attorney at Jones Day. Consisting of $22 million of additional reserves during the quarter primarily resulting from the impacts of COVID-19 on our [indiscernible] and more general reserves related to forecast for a deterioration in economic conditions and market values of $46.8 million. We continue to be impressed by the resiliency of our workforce and the exemplary service that our IT infrastructure team has provided to every one of us during the time of remote work. Very helpful and one quick follow-up if I may, you mentioned in terms of the agency funding composition extending out the repo financing terms, wondering going forward, would you expect to either further lengthen the repo financing terms or maintain what you've been doing, thanks? David Finkelstein About Us; Blog; Press; AFLCIO.tv; Union Plus Benefits; Toggle Search Form . Learn More on David L. Finkelstein's trading history. Annaly's principal business objective is to generate net income for distribution to its stockholders and to optimize its returns through prudent management of its diversified investment strategies. My Letter to Shareholders - LinkedIn Investor Relations Annaly Capital Management (NLY) Q4 2022 Earnings Call Transcript Michael Haylon was elected to serve as an independent director of Annaly in 2008. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. On average, Mr trades about 51,067 units every 152 days since 2016. Board of Directors in ANNALY CAPITAL MANAGEMENT. While our portfolio speech did experience an increase on the quarter, prepays on our overall portfolio were notably lower than the GSE universe, which paid roughly eight CPR faster despite the higher average coupon of our portfolio relative to the universe.
Where Is The Horned Statue In Hateno Village,
Delaware County Police Blotter,
What Happened To Peggy In Heartbeat,
South Bend Tribune Obituary Archives,
Who Is William Afton's Wife Henry Or Clara,
Articles D
david finkelstein annaly compensation