Profil
Kathryn Fontenot Fagan served as the Chief Financial Officer & Treasurer at Annaly Capital Management, Inc. from 2009 to 2013.
Prior to that, she was the Treasurer at Fixed Income Discount Advisory Co. from 1997 to 2010.
She also served as the Chief Financial Officer & Controller at First Federal Savings & Loan Association and as an Auditor-Bank, Savings & Loan at John S.
Dowling & Co., Inc. Ms. Fagan earned an undergraduate degree and an MBA from Southeastern Louisiana University.
Anciens postes connus de Kathryn Fontenot Fagan
| Sociétés | Poste | Fin |
|---|---|---|
| ANNALY CAPITAL MANAGEMENT, INC. | Directeur Financier/CFO | 14/08/2013 |
First Federal Savings & Loan Association (Opelousas, La.)
First Federal Savings & Loan Association (Opelousas, La.) Savings BanksFinance Federally chartered savings bank | Directeur Financier/CFO | 28/02/1997 |
John S. Dowling & Co., Inc.
John S. Dowling & Co., Inc. Miscellaneous Commercial ServicesCommercial Services Operates as a full-service accounting firm | Corporate Officer/Principal | 01/05/1991 |
Fixed Income Discount Advisory Co.
Fixed Income Discount Advisory Co. Investment ManagersFinance Fixed Income Discount Advisory Co. (FIDAC) invests in asset-backed securities including US residential mortgage-backed securities issued and guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The firm seeks to earn positive net interest income from the difference between the yield on their securities and the cost to finance them. FIDAC structures their portfolio using the Annaly MBS Barbell Strategy. This strategy employs a combination of adjustable, floating and fixed-rate mortgage backed securities so that it can perform well throughout a variety of interest rate environments. All of FIDAC's securities are classified as available for sale; therefore, the entire portfolio is recorded at market value determined by the average price as determined by three independent sources. All of the securities are guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae which carry actual or implied AAA ratings and have virtually zero credit risk exposure. FIDAC has not needed to introduce credit risk into their portfolio to achieve favorable returns. All their assets can be easily priced and traded in the MBS market, so book value fairly approximates liquidation value. FIDAC uses the repurchase markets to finance the acquisition of their investments. They employ other strategies to manage risks associated with leverage including (1) leveraging only liquid assets that are easily priced and have well-defined active markets (2) utilizing self-imposed limits on the amount borrowed from any one lender (3) diversifying counterparty risk by maintaining credit relationships and open financing lines with many high quality lenders and (4) maintaining optimal levels of leverage to protect against margin calls. Chimera Investment Corp. is a specialty finance REIT that invests in residential mortgage loans, real estate-related securities and various other asset classes. CreXus Investment Corp. is a REIT that acquires, manages and finances commercial mortgage debt. | Directeur Financier/CFO | - |
Formation de Kathryn Fontenot Fagan
Expériences
Fonctions occupées
Actives
Inactives
Sociétés cotées
Entreprise privées
Relations
Relations au 1er degré
Entreprises liées au 1er degré
Homme
Femme
Administrateurs
Exécutifs
Sociétés liées
| Entreprise privées | 5 |
|---|---|
Annaly Capital Management, Inc.
Annaly Capital Management, Inc. Real Estate Investment TrustsFinance Operates as real estate investment trust which invests in residential mortgage-backed securities | Finance |
Fixed Income Discount Advisory Co.
Fixed Income Discount Advisory Co. Investment ManagersFinance Fixed Income Discount Advisory Co. (FIDAC) invests in asset-backed securities including US residential mortgage-backed securities issued and guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae. The firm seeks to earn positive net interest income from the difference between the yield on their securities and the cost to finance them. FIDAC structures their portfolio using the Annaly MBS Barbell Strategy. This strategy employs a combination of adjustable, floating and fixed-rate mortgage backed securities so that it can perform well throughout a variety of interest rate environments. All of FIDAC's securities are classified as available for sale; therefore, the entire portfolio is recorded at market value determined by the average price as determined by three independent sources. All of the securities are guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae which carry actual or implied AAA ratings and have virtually zero credit risk exposure. FIDAC has not needed to introduce credit risk into their portfolio to achieve favorable returns. All their assets can be easily priced and traded in the MBS market, so book value fairly approximates liquidation value. FIDAC uses the repurchase markets to finance the acquisition of their investments. They employ other strategies to manage risks associated with leverage including (1) leveraging only liquid assets that are easily priced and have well-defined active markets (2) utilizing self-imposed limits on the amount borrowed from any one lender (3) diversifying counterparty risk by maintaining credit relationships and open financing lines with many high quality lenders and (4) maintaining optimal levels of leverage to protect against margin calls. Chimera Investment Corp. is a specialty finance REIT that invests in residential mortgage loans, real estate-related securities and various other asset classes. CreXus Investment Corp. is a REIT that acquires, manages and finances commercial mortgage debt. | Finance |
Southeastern Louisiana University
Southeastern Louisiana University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
First Federal Savings & Loan Association (Opelousas, La.)
First Federal Savings & Loan Association (Opelousas, La.) Savings BanksFinance Federally chartered savings bank | Finance |
John S. Dowling & Co., Inc.
John S. Dowling & Co., Inc. Miscellaneous Commercial ServicesCommercial Services Operates as a full-service accounting firm | Commercial Services |
















