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Sutherland Asset Management (SLD) Reports Q3 EPS of $0.28

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Sutherland Asset Management Corporation Announces Third Quarter 2016 Results

November 21, 2016 10:09 PM EST

NEW YORK, Nov. 21, 2016 /PRNewswire/ -- Sutherland Asset Management Corporation (NYSE: SLD) today reported financial results for the quarter ended September 30, 2016.  On October 31, 2016, Sutherland Asset Management Corporation, a private mortgage REIT ("Sutherland"), merged with and into a subsidiary of ZAIS Financial Corp. (the "Merger"), with ZAIS Financial Corp. surviving the merger and changing its name to Sutherland Asset Management Corporation (the "Company"), as described in greater detail in the Current Report on Form 8-K filed by the Company on November 4, 2016.  The Company today reported financial results of Sutherland for the quarter ended September 30, 2016. ... More