AGNC Investment Corp. Welcomes Back Dr. Morris Davis to Board of Directors

On January 12, 2026, AGNC Investment Corp. announced the re-election of Dr. Morris Davis to its Board of Directors. His return marks a significant addition to the AGNC leadership, as he brings deep expertise in housing policy and economics that can have a substantial impact on the company's direction.

Dr. Davis is no stranger to AGNC; he previously held a board position from May 2008 until March 2025, when he resigned to serve as Chief Housing Economist for the Council of Economic Advisers to the President. His extensive experience in this role has undoubtedly deepened his insights into the economic forces that shape the housing sector, an asset AGNC anticipates leveraging.

AGNC's current Board now consists of ten members, eight of whom are independent directors. This structure illustrates AGNC's commitment to effective governance and diverse perspectives. During his tenure, Dr. Davis will play a crucial role as an independent director on the Compensation and Corporate Governance Committee of the company. According to Gary Kain, Executive Chair of AGNC’s Board, "Morris' knowledge and understanding of AGNC and of housing policy provide a tremendous asset to our Board and our company."

As the Paul V. Profeta Chair of Real Estate and a Professor of Finance and Economics at Rutgers Business School, Dr. Davis is widely regarded for his academic and practical knowledge in housing markets. He also serves as the Academic Director of the Center for Real Estate at Rutgers and is a Visiting Scholar at the Federal Reserve Banks of Minneapolis and Chicago. His academic contributions to real estate finance and urban economics have earned him recognition as a leading expert in the field.

Dr. Davis has previously held the James A. Graaskamp Chair at the University of Wisconsin-Madison and worked as an economist at the Federal Reserve Board. His research has been widely cited, with over 5,400 citations, highlighting his influence on the discourse surrounding U.S. housing and macroeconomic trends. Furthermore, he is also a board member of BOXABL, Inc., which underscores his engagement in innovative housing solutions.

Founded in 2008, AGNC Investment Corp. is a leading investor in Agency residential mortgage-backed securities (Agency MBS). These financial products benefit from guarantees against credit losses provided by government-sponsored entities such as Fannie Mae, Freddie Mac, or Ginnie Mae. On a leveraged basis, AGNC primarily finances its Agency MBS assets through repurchase agreements. The firm has established dynamic risk management strategies that aim to shield the value of its portfolio from fluctuations in interest rates and other market changes.

AGNC maintains a strong record of delivering favorable long-term returns to its stockholders through robust monthly dividend income. Since its inception, the company has paid over $15 billion in dividends on common stock. With their extensive experience in managing mortgage assets through diverse market climates, AGNC serves as a significant source of private capital for the U.S. residential housing market.

As Dr. Davis re-enters AGNC, both the organization and its stakeholders appear well-positioned to benefit from his insights and experience in a landscape that continues to evolve rapidly due to economic pressures. The alignment of such talent with AGNC's goals underscores the company’s focus on strategic growth and stability.

For further updates about AGNC Investment Corp. and its operations, please visit www.AGNC.com. Stay connected on LinkedIn and X, and sign up for Investor Alerts to keep informed of the company's latest developments.