Advertisement
UK markets open in 1 hour 36 minutes
  • NIKKEI 225

    38,220.60
    +146.62 (+0.39%)
     
  • HANG SENG

    18,918.94
    +381.13 (+2.06%)
     
  • CRUDE OIL

    79.84
    +0.58 (+0.73%)
     
  • GOLD FUTURES

    2,361.40
    +21.10 (+0.90%)
     
  • DOW

    39,387.76
    +331.36 (+0.85%)
     
  • Bitcoin GBP

    50,139.63
    +951.74 (+1.93%)
     
  • CMC Crypto 200

    1,351.89
    +51.79 (+3.98%)
     
  • NASDAQ Composite

    16,346.26
    +43.46 (+0.27%)
     
  • UK FTSE All Share

    4,558.37
    +14.13 (+0.31%)
     

Here's What Annaly Capital Could Do With the $2.3 Billion It Just Raised

Here's What Annaly Capital Could Do With the $2.3 Billion It Just Raised

One of the most vexing challenges for the U.S. government since the 2008-09 Great Recession has been to rebuild the mortgage finance system. During the crisis, Fannie Mae and Freddie Mac were rescued by the government, which took a 79% stake in the companies. Since then, almost all of the mortgages originated in the U.S. have been backed by the U.S. taxpayer.