Hatteras Financial Corp. · Winston-Salem, NC United States ·(NYSE: HTS)
Company Description
View Hatteras Financial Corp. Locations On A US Map
This link will open in a new window
This link will open in a new window Hatteras Financial hopes for smooth sailing on the sometimes tumultuous seas of mortgage investing. The company is a real estate investment trust (REIT) that invests in adjustable-rate and hybrid adjustable-rate single-family residential mortgages guaranteed by a US government agency or a government-backed company such as Ginnie Mae , Fannie Mae , or Freddie Mac . Hatteras Financial's investment portfolio, valued at more than $5 billion, consists mostly of five-year hybrid adjustable-rate loans; the REIT prefers to invest in mortgage securities backed by Fannie Mae, which pays principal and interest sooner than Freddie Mac. Hatteras Financial is externally managed by Atlantic Capital Advisors.
To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Hatteras Financial Corp. Financials
| Company Type | Public - NYSE: HTS Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $87.8 |
| 2008 Employees | 8 |
Hatteras Financial Corp. Executives
9 executives listed for Hatteras Financial Corp.'s Winston-Salem, NC location.
| Title | Name & Bio | Contact |
| Chairman and CEO; President, Atlantic Capital Advisors | Michael Hough | Network |
| President, COO, and Director; President and COO, Atlantic Capital Advisors | Benjamin Hough | Network |
| CFO, Secretary, and Treasurer | Kenneth Steele | Network |
Competition
Competitive Landscape for Hatteras Financial Corp.
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.Top Hatteras Financial Corp. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!