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Anworth Mortgage Asset's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Anworth Mortgage Asset Corporation (ANH)

Q2 2012 Earnings Call

July 27, 2012 01:00 pm ET

Executives

Lloyd McAdams - Chairman, President & CEO

Joe McAdams - CIO & EVP

Analysts

Bose George - KBW

Jason Weaver - Sterne Agee

Stephen Laws - Deutsche Bank

Gabe Poggi - FBR

Presentation



Operator

Good day and welcome to the Anworth Mortgage Asset Corporation second quarter 2012 earnings conference call. All participants will be in listen-only mode. (Operator Instructions) After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded.

Before we begin the call, I will make a brief introductory statement. Statements made at this earnings call may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended and we hereby claim the protection of the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 with respect to any such forward-looking statements.

Forward-looking statements are those that predict or describe future events or trends and do not relate solely to historical matters. You can generally identify forward-looking statements as statement containing the words may, will, believe, expect, anticipate, intend, estimate, assume, continue or other similar terms or variations on those terms or the negative of those terms.

You should not rely on our forward-looking statements because the matters they describe are subject to assumptions, known and unknown risks, uncertainties and other unpredictable factors, many of which are beyond our control. Statements regarding the following subjects are forward-looking by their nature. Our business and investment strategy, market trends and risks, assumptions regarding interest rates and assumptions regarding prepayment rates on the mortgage loans securing our mortgage-backed securities.

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