Five Oaks Investment Corp. is a Maryland corporation focused on investing in, financing and managing a portfolio of mortgage-backed securities (“MBS”), mortgage loans and other mortgage related investments.
We seek to provide attractive long-term risk-adjusted returns to our stockholders, primarily through dividends and secondarily through capital appreciation.
Our target assets include:
- Agency RMBS, which are RMBS guaranteed by a U.S. Government agency, such as the Government National Mortgage Association (“Ginnie Mae”), or a U.S. Government-sponsored entity, such as the Federal National Mortgage Association (“Fannie Mae”) or the Federal Home Loan Mortgage Corporation (“Freddie Mac”).
- Multi-Family MBS, which are MBS that are backed by loans secured by multi-family properties and that may or may not be guaranteed by a U.S. Government agency or a U.S. Government-sponsored entity.
- Other mortgage-related assets, which may include mortgage loans, other mortgage-backed securities, mortgage-related derivatives and other real estate related investments.
- We have elected to be taxed as a real estate investment trust (“REIT”) for U.S. federal income tax purposes, which requires that we meet a number of asset and income tests and that we distribute at least 90% of our REIT taxable income to our stockholders on an annual basis.