GAAP Net Income
Generated GAAP net income applicable to common stockholders of $0.05 per diluted share, with comprehensive income of $4.5 million or $0.12 per diluted share.
Book Value Increase
Book value per common share increased to $3.36 from $3.34 as of June 30, 2025.
Strategic Partnership with Real Genius
Positive momentum with Real Genius LLC, a digital mortgage technology company, suggesting growth potential with reduced mortgage rates.
Dividend Adjustments
Strategic decision to adjust dividend to $0.10 per share, aligning with the company's earnings power.
Portfolio Performance
MSR portfolio had a UPB of $16.2 billion with a market value of approximately $219 million, and RMBS portfolio net interest spread increased to 2.87%.