Armour Residential REIT, Inc. — Investor Relations & Filings

ARMOUR Residential REIT, Inc. is a real estate investment trust that invests in residential mortgage-backed securities (MBS). The company's portfolio primarily consists of MBS issued or guaranteed by a United States Government-sponsored entity, such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), or a government agency like the Government National Mortgage Association (Ginnie Mae). These securities, collectively known as "Agency MBS," include fixed-rate, adjustable-rate, and hybrid adjustable-rate residential MBS. The company's primary business objective is to generate income from the net interest spread, which is the difference between the interest income earned on its mortgage assets and the costs of its borrowings and hedging activities.