American Capital Agency Corp. (AGNC) named Christopher Kuehl as head of mortgage investments at American Capital Agency Management.
He will report to Gary Kain, president of American Capital Agency Management and chief investment officer of AGNC, which is externally managed by American Capital Agency Management.
The new hire was most recently vice president and head of agency and non-agency mortgage investments at Freddie Mac, where he was responsible for directing Freddie Mac’s purchases, sales, and structuring activities for all agency mortgage products, including fixed-rate mortgages, ARMs and CMOs.
He was previously the head of the agency mortgage investment desk and was a senior director and head of the agency REMIC desk.
"Chris brings a wealth of experience to AGNC, having spent more than 10 years at one of the world's largest mortgage investors," said Kain. "Asset selection is absolutely critical to our success and I can't think of a person in the industry that I would rather have joining the AGNC management team."
AGNC is a REIT that invests in agency passthrough securities and government-guaranteed CMOs. The company is externally managed and advised by American Capital Agency Management.