ZAIS Financial (ZFC) Reports Q2 Loss of $0.11
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ZAIS Financial Corp. Reports Second Quarter 2016 Results
August 9, 2016 4:15 PM EDTRED BANK, N.J., Aug. 9, 2016 /PRNewswire/ -- ZAIS Financial Corp. (NYSE: ZFC) ("ZAIS Financial" or the "Company") today reported financial results for the three months ended June 30, 2016.
SECOND QUARTER 2016 HIGHLIGHTS
The Company's operating results for the three months ended June 30, 2016 were primarily impacted by the following factors:
a decrease in net interest margin in the residential mortgage investment portfolio primarily due to the sale of the seasoned, re-performing mortgage loan portfolio on May 26, 2016; and an increase in other expenses... More