In the following video, Motley Fool financial analyst Matt Koppenheffer takes a look at some major changes that are taking place with Annaly Capital Management (NLY +0.99%) and tells investors what these changes mean. He tells us about the recent death of the company's visionary CEO and what we can expect from the former second in command now that he has stepped into the CEO role. He also talks about the company's offering to buy CreXus (NYSE: CXS) and tells us how the Federal Reserve's buying of mortgage-backed securities will affect Annaly Capital.
There's Been a Lot of Change for Annaly
By Matt Koppenheffer – Jan 23, 2013 at 6:15PM
NYSE: NLY
Annaly Capital Management
Market Cap
$15B
Today's Change
(0.99%) $0.21
Current Price
$21.51
Price as of November 4, 2025 at 4:00 PM ET
Some enormous changes are taking place in Annaly Capital Management.
About the Author
Matt is the head of the Coverage Team for The Motely Fool's premium products. Previously, he's been . Matt is a heavy user of AI tools and is working on harnessing them to help Fool members. Previously, Matt was GM of Motley Fool Ascent, led The Motley Fool Deutschland, has been an investor on various Fool services, and co-hosted the podcast "Where the Money Is". He also co-authored the book The Astonishing Collapse of MF Global. Matt started his career in San Francisco as a technology-focused investment banker and also worked at a $15 billion private equity company. When he's thinking about how to make Fools smarter, happier, and richer, you can usually find Matt running trails or making a mess in the kitchen. He's a graduate of the University of Pennsylvania, but is a lifelong fan of Penn State football.