Five Oaks Investment Corp.
Five Oaks Investment Corp. is looking to grow some healthy dividends. The real estate investment trust (REIT) primarily invests in residential mortgage-backed securities (RMBS) issued or guaranteed by the government-sponsored entities Fannie Mae, Freddie Mac, and Ginnie Mae. The REIT also invests in non-agency RMBS and has plans to build out its portfolio with residential mortgage loans and other mortgage-related investments such as prime mortgage loans. As a REIT, Five Oaks is exempt from paying corporate income tax as long as it distributes 90% of income back to shareholders. The company launched in May 2012 and went public the next year.
Questions
0
Followers
0
Posts
0
Parent Topics

About Privacy Terms faq

2024 CareerAnswers