DAILY Wrap-Up & Commentary on : (NYSE : CIM), (NYSE : PCS)
New York, NY -- (SBWIRE) -- 02/01/2013 -- In September 2012, the Federal Reserve announced its most aggressive bond buying program to stimulate the economy. The Fed's bond buying program has brought down mortgage rates, hurting mortgage REITs such as Chimera Investment Corporation (NYSE: CIM) and Capstead Mortgage Corporation (CMO).
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