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CAPITAL TRANSACTIONS
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
CAPITAL TRANSACTIONS

NOTE 8 CAPITAL TRANSACTIONS

On August 1, 2019 the Company completed a public offering for nine million shares of common stock raising $75 million for a net price of $8.34 after underwriting discounts and offering expenses. The proceeds were deployed into additional agency-guaranteed residential ARM securities and used for general corporate purposes.