Reports $11.89 Book Value per share as of June 30 compared to $11.85 as of March 31. “We are pleased with our results during the second quarter, during which we protected book value while maintaining ample liquidity and a low level of economic leverage,” said TJ Durkin, CEO and President. “Our prudent and disciplined securitization strategy is beginning to evidence itself in our earnings power, growing our EAD per share to 8c through higher net interest margin and improving fundamentals at Arc Home.”
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