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Great Ajax Corp T.AJX


Primary Symbol: AJX

Great Ajax Corp. is an externally managed real estate company. The Company’s primary business is acquiring, investing in and managing a portfolio of mortgage loans. The Company operates in a single segment focused on re-performing mortgages, and to a lesser extent non-performing mortgages and real property. The Company primarily targets acquisitions of re-performing loans (RPLs), which are residential mortgage loans and non-performing loans (NPLs), which are residential mortgages. It invests in single-family and smaller commercial properties directly either through a foreclosure event of a loan in its mortgage portfolio, or, less frequently, through a direct acquisition. It may acquire RPLs and NPLs either directly or in joint ventures with institutional accredited investors. It may also acquire or originate small balance commercial loans. Its manager is Thetis Asset Management LLC. It conducts its business through its operating partnership, Great Ajax Operating Partnership L.P.


NYSE:AJX - Post by User

Comment by Newinvestor123on Jul 09, 2021 10:43am
124 Views
Post# 33520933

RE:RE:RE:RE:RE:Settlement details

RE:RE:RE:RE:RE:Settlement detailsThe company's choice of words is very encouraging in describing the final settlement with AG Leader such as being 'delighted ' and the agreement 'provides a favourable outcome for shareholders'. This settlement is only one catalyst for the stock.
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