Zacks Investment Research downgraded shares of ANWORTH MTGE (ANH) from NEUTRAL to UNDERPERFORM on July 19, 2012, with a target price of $6.40.
Anworth Mortgage Asset Corp. was formed to invest in mortgage assets, including mortgage pass-through certificates, collateralized mortgage obligations, mortgage loans and other securities representing interests in, or obligations backed by, pools of mortgage loans which can be readily financed and short-term investments. The Company intends to acquire mortgage assets primarily in the secondary mortgage market through its manager, Anworth Mortgage Advisory Corporation.
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