AGNC Investment Corp. Elects Dr. Morris Davis to its Board of Directors
AGNCAGNC(US:AGNC) Prnewswire·2026-01-14 21:01

Core Insights - AGNC Investment Corp. has elected Dr. Morris Davis to its Board of Directors effective January 12, 2026, marking his return after previously serving from May 2008 to March 2025 [1][2] - Dr. Davis brings extensive expertise in housing policy and economics, having served as Chief Housing Economist at the Council of Economic Advisors to the President [2] - The current Board consists of ten members, including eight independent directors, with Dr. Davis serving on the Compensation and Corporate Governance Committee [1] Company Overview - AGNC Investment Corp., founded in 2008, is a leading investor in Agency residential mortgage-backed securities (Agency MBS), which are guaranteed against credit losses by Fannie Mae, Freddie Mac, or Ginnie Mae [3] - The company employs a leveraged investment strategy, primarily financing its Agency MBS assets through repurchase agreements, and utilizes dynamic risk management strategies to protect its portfolio from market risks [3] - AGNC has a strong track record of providing long-term returns to stockholders, having paid over $15 billion in common stock dividends since its inception [4]

AGNC Investment Corp. Elects Dr. Morris Davis to its Board of Directors - Reportify