Anworth Reports MBS-Linked 2Q Loss

Anworth Mortgage Asset Corp., Santa Monica, Calif., has reported a net loss to common stockholders of $12.9 million ($0.28 per share) for the second quarter, including a loss of approximately $10 million from the sale of about $400 million in agency mortgage-backed securities.The unaudited results represented a big decline from the net income of $7.8 million ($0.16 per share) recorded a year earlier. Anworth, a mortgage real estate investment trust, said the weighted average coupon of the agency MBS held by the company as of June 30 stood at 5.34%. The REIT can be found on the Web at http://www.anworth.com.

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