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Annaly Capital appoints new chief financial officer

Annaly Capital Management (NLY) appointed Glenn Votek as chief financial officer.

Votek is taking over Kathryn Fagan's current position after she decided to retire.

Votek brings more than 20 yeas of financial experience with expertise in risk management, capital raising, liability management and regulatory oversight. 

Previously, Votek was the executive vice president and treasurer at CIT, where he was responsible for all functional areas of the company's treasury group, including capital markets, securitization, asset/liability management and rating agency relations. 

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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