Anworth Reports 3Q Loss

Anworth Mortgage Asset Corp., a real estate investment trust based in Santa Monica, Calif., has reported an unaudited net loss to common stockholders of $3.4 million ($0.07 per share) for the third quarter, compared with net income available to common stockholders of $3.5 million ($0.07 per share) a year earlier.Anworth said its portfolio of agency mortgage-backed securities totaled approximately $4.65 billion as of Sept. 30, allocated as follows: adjustable-rate mortgages, 29%; hybrid ARMs, 54%; fixed-rate MBS, 17%; and floating-rate collateralized mortgage obligations, less than 1%. The mortgage REIT also announced that the current yield on its agency MBS was 5.41% at the end of the third quarter. Anworth can be found on the Web at http://www.anworth.com.

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