Investor Presentaiton
Glossary
ARC:
Refers to Annaly Residential Credit Group
Non-QM:
Refers to a Non-Qualified Mortgage
CRT:
Refers to Credit Risk Transfer Securities
OBX:
Refers to Onslow Bay Securities
EAD:
Economic Return:
Refers to Earnings Available for Distribution
(formerly Core Earnings (excluding PAA))
Refers to the Company's change in book value plus
dividends declared divided by the prior period's
book value
Re-Performing Loan
("RPL"):
TBA:
A type of loan in which payments were previously
delinquent by at least 90 days but have resumed
Refers to To-Be-Announced Securities
ESG:
Refers to Environmental, Social and Governance
TCFD:
Ginnie Mae:
Refers to the Government National Mortgage
Association
Unencumbered
Assets:
GSE:
Refers to Government Sponsored Enterprise
MSR:
Refers to Mortgage Servicing Rights
NIM:
Refers to Net Interest Margin
Non-Performing Loan A loan that is close to defaulting or is in default
("NPL"):
Refers to Task Force on Climate-Related Financial
Disclosures
Represents Annaly's excess liquidity and defined as
assets that have not been pledged or securitized
(generally including cash and cash equivalents,
Agency MBS, CRT, Non-Agency MBS, residential
mortgage loans, MSR, reverse repurchase
agreements, other unencumbered financial assets
and capital stock)
UPB:
Refers to Unpaid Principal Balance
WAC:
Refers to Weighted Average Coupon
ANNALY
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