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| Dynex Capital A Financial REIT Period End 9/30/2007 |
Copyrights 2006-2007 SGM Publishing |
| Update 11/26/2007 |
Dynex Capital, Inc., together with its subsidiaries, operates as a real
estate investment trust (REIT). The company invests in loans and fixed
income securities consisting principally of single-family residential and
commercial mortgage loans. It finances loans and securities through a
combination of non-recourse securitization financing, repurchase
agreements, and equity. The company qualifies as a real estate
investment trust for federal income tax purposes. It generally would not
be subject to federal corporate income taxes if it distributes at least 90%
of its taxable income to its stockholders. Dynex Capital was founded in
1987 and is headquartered in Glen Allen, Virginia.
estate investment trust (REIT). The company invests in loans and fixed
income securities consisting principally of single-family residential and
commercial mortgage loans. It finances loans and securities through a
combination of non-recourse securitization financing, repurchase
agreements, and equity. The company qualifies as a real estate
investment trust for federal income tax purposes. It generally would not
be subject to federal corporate income taxes if it distributes at least 90%
of its taxable income to its stockholders. Dynex Capital was founded in
1987 and is headquartered in Glen Allen, Virginia.
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