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Analyst Vivek Agrawal leaves Compass Point

Compass Point Research & Trading LLC analyst Vivek Agrawal has left the company, according to a Compass Point representative.

As a result, Compass Point has suspended coverage of the companies which were previously covered by Agrawal. Those companies are AGNC Investment Corp., Annaly Capital Management Inc., Arlington Asset Investment Corp., MFA Financial Inc., Two Harbors Investment Corp., Granite Point Mortgage Trust, Starwood Property Trust Inc., PennyMac Financial Services, PennyMac Mortgage Investment Trust, Redwood Trust Inc. and Walker & Dunlop Inc.

Compass Point is reallocating resources to focus mortgage-related products under analyst Chris Gamaitoni, the company representative told S&P Global Market Intelligence.