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Author: reitpeach Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77713  
Subject: Re: Investing in single family homes Date: 10/8/2010 10:39 AM
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There is a newly listed residential REIT investing in RMBS, ARMOUR Residential REIT.

This is all I know

"ARMOUR is a Maryland corporation that invests primarily in hybrid adjustable rate, adjustable rate and fixed rate residential mortgage-backed securities, or RMBS, issued or guaranteed by U.S. Government-chartered entities. ARMOUR is externally managed and advised by ARMOUR RESIDENTIAL MANAGEMENT LLC ("ARRM"). ARMOUR Residential REIT, Inc. intends to qualify to be taxed as a real estate investment trust ("REIT") for U.S. federal income tax purposes, commencing with ARMOUR's taxable year ending December 31, 2009

*Peach
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