PPT Slide

Cashflow GAAP

Unlevered Asset Yield: 3.90% 3.25%

Cost of funds: 1.75% 1.30%

Spread: 2.15% 1.95%

ROE, Gross (Assumed Leverage @ 8.5x) 22.18% 19.83%

MBS Portfolio Returns

• Mortgage Backed Securities Portfolio Investments 1

1 Example for illustrative purposes only, not intended to reflect existing portfolio, historical results, or likely future results.

Previous slide

Next slide

Back to first slide

View graphic version