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AGNC Investment Corp. reports $1.28 per share comprehensive loss in Q3

The Motley Fool +1 ·

AGNC
AGNC AGNC Investment Corp
$8.81 +4.44%
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  1. 1AGNC Investment Corp. reported a comprehensive loss of $1.28 per share of common stock in the third quarter.
  2. 2The Fed implemented a 25bp increase in the federal funds rate at its September meeting.
  3. 3Peter Federico stated that the Agency MBS outlook is very strong.

So what's the key point?

AGNC Investment Corp. recorded a loss of $1.28 per share in the third quarter. While the Fed raised interest rates by 0.25 percent, Peter Federico said the outlook for agency mortgage-backed securities is very strong.

Source The Motley Fool +1 · View original ↗

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