SOURCE: Paragon Financial Limited

Paragon Financial Limited

April 05, 2012 08:20 ET

High Yielding REITs Continue to Rise

The Paragon Report Provides Stock Research on Chimera Investment Corp. and Anworth Mortgage Asset Corp.

NEW YORK, NY--(Marketwire - Apr 5, 2012) - High yielding REITs have been showing signs of improvement recently. The Vanguard REIT ETF (VNQ), after stalling at the beginning of the year, has outperformed the Dow Jones Industrial in March. Year-to-date the Vanguard REIT ETF is up close to 9 percent. The Paragon Report examines the outlook for Diversified REITs and provides equity research on Chimera Investment Corp. (NYSE: CIM) and Anworth Mortgage Asset Corp. (NYSE: ANH)

Access to the full company reports can be found at:

www.paragonreport.com/CIM

www.paragonreport.com/ANH

Mortgage applications rose 4.8 percent for the week ending March 30, according to the Mortgage Bankers Association. "Applications to buy a home picked up last week, and are running more than two percent above the level reported at this time last year," said Michael Fratantoni, MBA's vice president of research and economics. "Home purchase applications for conventional loans are now about 10 percent above last year's level."

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on Diversified REITs register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.

Chimera Investment Corporation announced that it has appointed Ernst & Young LLP as the Company's independent registered public accounting firm beginning with the quarter ending March 31, 2012. The audit services provided by Deloitte & Touche LLP, the Company's current auditor, will conclude after the completion of Deloitte's audit services for the fiscal year ending December 31, 2011.

Anworth Mortgage Asset Corp. announced that its board of directors declared a quarterly common stock dividend of $0.21 per share for the first quarter of 2012. The common stock dividend is payable on April 27, 2012 to common stockholders of record as of the close of business on April 10, 2012.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer