DYNEX CAPITAL, INC. (NYSE:DX) Files An 8-K Entry into a Material Definitive AgreementItem 1.01.
(d) Exhibits.
|
Exhibit No. |
Description |
| 5.1 | Opinion of Troutman Sanders LLP with respect to the legality of the shares. |
| 8.1 | Opinion of Troutman Sanders LLP with respect to certain tax matters. |
| 10.34 | Amended and Restated Equity Distribution Agreement between Dynex Capital, Inc. and JMP Securities LLC, dated March 31, 2017 (incorporated herein by reference to Exhibit 10.34 to Dynex Capital, Inc.’s Current Report on Form 8-K filed April3, 2017). |
| 10.34.1 | Amendment No.1, dated December27, 2017, to Amended and Restated Equity Distribution Agreement between Dynex Capital, Inc. and JMP Securities LLC, dated March31, 2017. |
| 23.1 | Consent of Troutman Sanders LLP (included in exhibit 5.1). |
| 23.2 | Consent of Troutman Sanders LLP (included in exhibit 8.1). |
DYNEX CAPITAL INC ExhibitEX-5.1 2 d410959dex51.htm EX-5.1 EX-5.1 Exhibit 5.1 Troutman Sanders LLP Troutman Sanders Building,…To view the full exhibit click here
About DYNEX CAPITAL, INC. (NYSE:DX)
Dynex Capital, Inc. is an internally managed mortgage real estate investment trust, which invests in residential and commercial mortgage securities on a leveraged basis. The Company’s objective is to provide attractive risk-adjusted returns to its shareholders over the long term that is reflective of a leveraged fixed income portfolio with a focus on capital preservation. It seeks to provide returns to its shareholders through regular quarterly dividends and through capital appreciation. It invests in Agency and non-Agency mortgage-backed securities (MBS). MBS consists of residential MBS (RMBS), commercial MBS (CMBS) and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the United States Government or a government-sponsored entity (GSE), such as Fannie Mae and Freddie Mac. Its primary source of income is net interest income, which is the excess of the interest income earned on its investments over the cost of financing these investments.
