Jeffries & Co. Remains Bullish On The Mortgage Space

Analysts at Jeffries & Company remain bullish on the mortgage space, as they expect a steep yield curve, falling hedging costs, and continued strong demand for MBS will allow for solid fundamental performance. For the second quarter, American Capital Agency Corp. (

) is their top pick in the mortgage space, "due to low exposure to FNM buyouts and the company's focus on up-in-coupon (UIC) paper." Learn how to find the best

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