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Annaly Capital Increases Exposure to Credit Risk

Annaly Capital Increases Exposure to Credit Risk

The past 12 months have been a period of massive change for mortgage real estate investment trusts (REITs). Most mortgage REITs, including Annaly Capital Management (NYSE: NLY), have more or less recovered from the crisis and are now looking at a new recovery-driven environment. Compared to most of its peers, Annaly has historically selected from a wider menu of investment alternatives.