EX-12.1
Published on February 14, 2011
Exhibit 12.1
Computation of Ratio of Debt-to-Equity
|
|
|
At |
| |
|
(Dollars in Thousands) |
|
December 31, 2010 |
| |
|
Repurchase agreements |
|
$ |
5,992,269 |
|
|
Securitized debt |
|
220,933 |
| |
|
Total Debt |
|
$ |
6,213,202 |
|
|
|
|
|
| |
|
Stockholders Equity |
|
2,250,447 |
| |
|
|
|
|
| |
|
Ratio of Debt-to-Equity |
|
2.8:1 |
| |
|
Debt-to-Equity Multiple |
|
2.8 x |
| |