BETHESDA, Md., Jan. 14, 2026 /PRNewswire/ -- AGNC Investment Corp. (Nasdaq: AGNC) announced today that its Board of Directors elected Dr. Morris Davis to the Board effective January 12, 2026. Dr. Davis previously served on AGNC's Board from May 2008 to March 2025, when he resigned from his position to join the Council of Economic Advisors to the President as Chief Housing Economist. AGNC's Board of Directors now consists of ten members, including eight independent directors. Dr. Morris will serve as an independent director on the Company's Compensation and Corporate Governance Committee.
"We are thrilled to welcome Morris back to the AGNC Board of Directors following his service as Chief Housing Economist at the Council of Economic Advisors to the President," said Gary Kain, Executive Chair of AGNC's Board. "Morris' knowledge and understanding of AGNC and his extensive expertise in housing policy and economics provide an invaluable perspective and are a tremendous asset to the Board and AGNC."
Dr. Davis is the Paul V. Profeta Chair of Real Estate and Professor of Finance and Economics at Rutgers Business School, where he also serves as the Academic Director of the Center for Real Estate. He is also a Visiting Scholar of the Opportunity and Inclusive Growth Institute of the Federal Reserve Bank of Minneapolis and a Visiting Scholar at the Federal Reserve Bank of Chicago. A leading expert on housing markets, real estate finance, and urban economics, he previously held the James A. Graaskamp Chair at the University of Wisconsin-Madison and worked as an economist at the Federal Reserve Board. He is a sought-after commentator and lecturer on U.S. housing and macroeconomic trends, and his research, cited over 5,400 times, has appeared in top academic journals. Dr. Davis also serves on the Board of Directors of BOXABL, Inc. He holds a Ph.D. in Economics from the University of Pennsylvania.
ABOUT AGNC INVESTMENT CORP.
Founded in 2008, AGNC Investment Corp. (Nasdaq: AGNC) is a leading investor in Agency residential mortgage-backed securities (Agency MBS), which benefit from a guarantee against credit losses by Fannie Mae, Freddie Mac, or Ginnie Mae. We invest on a leveraged basis, financing our Agency MBS assets primarily through repurchase agreements, and utilize dynamic risk management strategies intended to protect the value of our portfolio from interest rate and other market risks.
AGNC has a track record of providing favorable long-term returns for our stockholders through substantial monthly dividend income, with over $15 billion of common stock dividends paid since inception. Our business is a significant source of private capital for the U.S. residential housing market, and our team has extensive experience managing mortgage assets across market cycles. To learn more about The Premier Agency Residential Mortgage REIT, please visit www.AGNC.com, follow us on LinkedIn and X, and sign up for Investor Alerts.
CONTACT:
Investors - (301) 968-9300
Media - (301) 968-9303
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SOURCE AGNC Investment Corp.
(END) Dow Jones Newswires
January 14, 2026 16:01 ET (21:01 GMT)
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