Info

Dynex Capital, Inc. (Dynex) is a specialty finance company organized as a real estate investment trust (REIT) that invests principally in single-family residential and commercial mortgage loans, and securities, both investment grade rated and non-investment grade rated. The Company finances these loans and securities through a combination of non-recourse securitization financing, repurchase agreements and equity. Dynex’s investment portfolio is comprised of loans and securities consisting of or secured by, single-family mortgage loans, commercial mortgage loans, manufactured housing installment loans and delinquent property tax receivables. These investment portfolio assets are a mix of both fixed-rate and adjustable-rate loans, and securities. Dynex owns investment grade and non-investment grade investments.(Source: 10-K)