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ARMOUR Residential REIT

#5329

Rank

$1.35B

Marketcap

US United States

Country

ARMOUR Residential REIT
Leadership team

Mr. Jeffrey J. Zimmer (Co-CEO, Co-Vice Chairman & Pres)

Mr. Scott Jeffrey Ulm (Co-CEO, Co-Vice Chairman & Head of Risk Management)

Mr. James Robert Mountain CPA (CFO & Sec.)

Products/ Services
Association, Finance, Financial Services, Government, Personal Finance, Real Estate
Headquarters
Vero Beach, Florida, United States
Established
2008
Company Registration
SEC CIK number: 0001428205
Traded as
ARR
Overview
Location
Summary
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
History

ARMOUR Residential REIT, Inc. was founded in February 2008 and is based in Vero Beach, Florida. ARMOUR is a publicly-owned real estate investment trust that specializes in U.S. residential mortgage-backed securities and related investments.

Mission
Build an innovative real estate software business that inspires passion in our people, devotion from our customers, and envy in our competitors.
Vision
The vision of ARMOUR Residential REIT, Inc. is to be an industry leader in providing superior returns to our shareholders while protecting their capital and meeting the highest standards of financial responsibility and corporate governance.
Key Team

Mr. Mark Richard Gruber CFA (Chief Investment Officer)

Mr. Gordon M. Harper (VP of Fin., Treasurer & Controller)

Mr. David B. Sayles (Managing Director for Portfolio & Risk Analysis)

Recognition and Awards
ARMOUR Residential REIT, Inc. has been honored with several awards including: Best Mortgage REIT, 2013; Best Residential Mortgage REIT, 2014; and Best Preferreds / Hybrid REIT, 2016.
References

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ARMOUR Residential REIT
Leadership team

Mr. Jeffrey J. Zimmer (Co-CEO, Co-Vice Chairman & Pres)

Mr. Scott Jeffrey Ulm (Co-CEO, Co-Vice Chairman & Head of Risk Management)

Mr. James Robert Mountain CPA (CFO & Sec.)

Products/ Services
Association, Finance, Financial Services, Government, Personal Finance, Real Estate
Headquarters
Vero Beach, Florida, United States
Established
2008
Company Registration
SEC CIK number: 0001428205
Traded as
ARR