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American Capital Mortgage Investment Corp. Announces the Completion of the Acquisition of Its External Manager by American Capital Agency Corp.

In connection with the closing of the transaction, the Company also announced changes to its management team. Peter J. Federico, previously the Company's Senior Vice President and Chief Risk Officer, will serve as the Company's Executive Vice President and Chief Financial Officer.  Kenneth Pollack, previously Senior Vice President and Deputy General Counsel of American Capital, has been appointed Senior Vice President, Chief Compliance Officer and Secretary of MTGE.  Messrs. Federico and Pollack will replace John R. Erickson, previously Executive Vice President and Chief Financial Officer, and Samuel A. Flax, previously Executive Vice President and Secretary, respectively, who resigned effective upon the closing of the transaction as contemplated by the Company'sMay 23, 2016press release.

For further information or questions, please contact Investor Relations at (301) 968-9220 or IR@MTGE.com.

ABOUT AMERICAN CAPITAL MORTGAGE INVESTMENT CORP.
American Capital Mortgage Investment Corp. is a real estate investment trust that invests in and manages a leveraged portfolio of agency mortgage investments, non-agency mortgage investments and other real estate-related investments.  Following the closing of the transaction, the Company is no longer affiliated with American Capital, Ltd.  The Company is externally managed and advised by American Capital MTGE Management, LLC, an affiliate of American Capital Agency Corp.  For further information, please refer to www.MTGE.com.

FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements, including statements regarding the expected benefits of the transaction and management's plans, projections and objectives for future operations.  Forward-looking

statements are based on estimates, projections, beliefs and assumptions of management of the Company at the time of such statements and are not guarantees of future performance or results.  Forward-looking statements involve risks and uncertainties in predicting future results and conditions.  Actual results could differ materially from those projected in these forward-looking statements due to a variety of important factors, including, without limitation, changes in interest rates, changes in the yield curve, changes in prepayment rates, the availability and terms of financing, changes in the market value of the Company's assets, risks related to the disruption of management time from ongoing business operations due to the transaction, the failure to realize the expected benefits from the transaction, general economic conditions, market conditions, conditions in the market for agency securities, and legislative and regulatory changes that could adversely affect the business of the Company.  Certain important factors that could cause actual results to differ materially from those contained in the forward-looking statements are included in the Company's periodic reports filed with the Securities and Exchange Commission ("SEC").  Copies are available on the SEC's website, www.sec.gov.  The Company disclaims any obligation to update or revise any forward-looking statements based on the occurrence of future events, the receipt or new information, or otherwise.

CONTACT:
Investor Relations – (301) 968-9220

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/american-capital-mortgage-investment-corp-announces-the-completion-of-the-acquisition-of-its-external-manager-by-american-capital-agency-corp-300293257.html

SOURCE American Capital Mortgage Investment Corp.

Related Links

http://www.mtge.com


Category: American mortgage

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