Hatteras Financial Corp. (HTS) - $16.76 -0.15 (-0.89%)
Company DescriptionHatteras Financial Corporation is an externally-managed mortgage REIT that invests in adjustable-rate and hybrid adjustable-rate single-family residential mortgage pass-through securities guaranteed or issued by a U.S. Government agency.
Will Mel Watt save the day for originators as refinances rise?
The Refinance Index rose 2% (from 1,602 to 1,635), even though rates were up 10 basis points. The bond market has been readjusting.