Hatteras Financial Corp. Submits Comment Letter on SEC Concept Release

Hatteras Financial Corp. (NYSE: HTS) (“Hatteras” or “the Company”) announced today that it had submitted a comment letter to the Securities and Exchange Commission regarding the SEC’s Concept Release reviewing interpretive issues related to the Section 3(c)(5)(C) exemption to the Investment Company Act of 1940. The letter can be found on the SEC’s website and will also be available on the Company’s website at www.hatfin.com.

Michael Hough, Chairman and Chief Executive Officer of Hatteras commented on the submission: “We are pleased to submit our response and look forward to assisting the SEC address the questions raised in the Concept Release. We are proud of the important role we play as a specialist in acquiring and holding mortgage securities, and we believe that our participation, and the participation of our public residential mortgage REIT peers, helps reduce the cost of home ownership to the substantial majority of Americans that borrow to acquire their family homes. We are confident Congress intended that companies like Hatteras would be exempt from the Investment Company Act and hope the SEC’s review can be resolved quickly to reduce any uncertainty in the market.”

About Hatteras Financial Corp.

Hatteras Financial is a real estate investment trust formed in 2007 to invest in single-family residential mortgage pass-through securities guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. Based in Winston-Salem, N.C., Hatteras is managed and advised by Atlantic Capital Advisors LLC. Hatteras is a component of the Russell 2000® and the Russell 3000® indices.

Hatteras Financial Corp Hatteras Financial Corp (NYSE:HTS)
Historical Stock Chart
From May 2024 to Jun 2024