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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Gary L. Kepler who wrote (6163)10/21/2002 6:36:04 PM
From: Elroy JetsonRead Replies (1) of 306849
 
Turning for a minute to Annaly Mortgage (NLY:NYSE), and in response to questions I continue to receive about the company . . .

I would just like to recommend a very informative write-up by Jim Grant, titled "Mortgage Yield-O-Rama,"
in a recent issue of Grant's Interest Rate Observer
grantspub.com

In it, they will find a terrific explanation of what Annaly does, including a comparison to other yield vehicles.

Bill Fleckenstein
Special to RealMoney.com
10/21/2002 06:02 PM EDT
thestreet.com
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