Great Ajax Corp (AJX) Tops Q3 EPS by 1c
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Great Ajax Corp. Announces Results for the Quarter Ended September 30, 2019
November 5, 2019 4:05 PM ESTThird Quarter Highlights
Formed joint ventures that acquired $241.5 million in unpaid principal balance (UPB) of mortgage loans with collateral values of $429.5 million and retained $43.4 million of varying classes of related securities issued by the joint ventures to end the quarter with $236.5 million of investments in debt securities and beneficial interests Purchased $0.4 million of re-performing mortgage loans ("RPLs") with UPB of $0.5 million and underlying collateral values of $0.7 million to end the quarter with $1.2 billion in net mortgage loans Acquired three multi-family rental properties for $16.0 million and two single-tenant, triple net lease commercial properties for $1.5... More