ARMOUR Residential REIT, Inc.

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- Last updated May 20, 2020

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Armour Residential REIT, Inc.
3001 Ocean Drive
Suite 201
Vero Beach, FL 32963
United States
https://www.armourreit.com/Sector: Real Estate
Industry: REIT- Mortgage

ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries; and money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was founded in 2008 and is based in Vero Beach, Florida. (Cited from https://finance.yahoo.com/).