Exhibit 99.3



|Item 6. | Selected Financial Data
|------- | -----------------------

The following selected financial data information should be read in conjunction with Item 7Managements Discussion
and Analysis of Financial Condition and Results of Operations, and our consolidated financial statements, including the notes thereto, included elsewhere herein (dollars in thousands, except share and per share data).



|                                                                                     |  |                                           |            |     |      |   |            |      |  |   |            |     |  |      |            |   |  |   |            |  
|------------------------------------------------------------------------------------ |  | ----------------------------------------- | ---------- | --- | ---- | - | ---------- | ---- |  | - | ---------- | --- |  | ---- | ---------- | - |  | - | ---------- | -
|                                                                                     |  | As of and For the Years Ended December 31 |           
|                                                                                     |  | 2009                                      |            |     | 2008 |   |            | 2007 |  |   | 2006       |     |  | 2005 |           
|Operating Data:                                                                      |  |                                           |            |     |      |   |            |      |  |   |            |     |  |      |            |   |  |   |            |  
|Net interest margin                                                                  |  | $                                         | 126,375    |     |      | $ | 206,001    |      |  | $ | 194,621    |     |  | $    | 76,806     |   |  | $ | 73,241     |  
|Rental income                                                                        |  |                                           | 44,637     |     |      |   | 17,425     |      |  |   | 11,291     |     |  |      | 12,639     |   |  |   | 12,164     |  
|Total revenue                                                                        |  |                                           | 197,510    |     |      |   | 244,783    |      |  |   | 231,637    |     |  |      | 103,832    |   |  |   | 92,448     |  
|Real estate operating expenses                                                       |  |                                           | (41,399    | )   |      |   | (14,781    | )    |  |   | (9,958     | )   |  |      | (9,198     | ) |  |   | (7,229     | )
|Provision for losses                                                                 |  |                                           | (226,567   | )   |      |   | (162,783   | )    |  |   | (21,721    | )   |  |      | (2,499     | ) |  |   |           |  
|Asset impairments                                                                    |  |                                           | (46,015    | )   |      |   | (67,052    | )    |  |   | (517,452   | )   |  |      |           |   |  |   |           |  
|Total expenses                                                                       |  |                                           | (384,451   | )   |      |   | (319,623   | )    |  |   | (686,660   | )   |  |      | (34,720    | ) |  |   | (17,752    | )
|Change in fair value of financial instruments                                        |  |                                           | 1,563      |     |      |   | (552,437   | )    |  |   |           |     |  |      |           |   |  |   |           |  
|Income (loss) from continuing operations                                             |  |                                           | (440,141   | )   |      |   | (617,130   | )    |  |   | (435,991   | )   |  |      | 74,704     |   |  |   | 75,074     |  
|Net income (loss) allocable to common shares                                         |  |                                           | (441,203   | )   |      |   | (443,246   | )    |  |   | (379,588   | )   |  |      | 67,839     |   |  |   | 67,951     |  
|Earnings (loss) per share from continuing operations                                 |  |                                           |            |     |      |   |            |      |  |   |            |     |  |      |            |   |  |   |            |  
|Basic                                                                                |  | $                                         | (6.76      | )   |      | $ | (6.96      | )    |  | $ | (6.16      | )   |  | $    | 2.11       |   |  | $ | 2.48       |  
|Diluted                                                                              |  | $                                         | (6.76      | )   |      | $ | (6.96      | )    |  | $ | (6.16      | )   |  | $    | 2.09       |   |  | $ | 2.46       |  
|Earnings (loss) per share:                                                           |  |                                           |            |     |      |   |            |      |  |   |            |     |  |      |            |   |  |   |            |  
|Basic                                                                                |  | $                                         | (6.77      | )   |      | $ | (6.99      | )    |  | $ | (6.18      | )   |  | $    | 2.31       |   |  | $ | 2.59       |  
|Diluted                                                                              |  | $                                         | (6.77      | )   |      | $ | (6.99      | )    |  | $ | (6.18      | )   |  | $    | 2.29       |   |  | $ | 2.57       |  
|Balance Sheet Data:                                                                  |  |                                           |            |     |      |   |            |      |  |   |            |     |  |      |            |   |  |   |            |  
|Investments in mortgages and loans, net                                              |  | $                                         | 1,380,957  |     |      | $ | 5,468,064  |      |  | $ | 6,378,050  |     |  | $    | 5,922,550  |   |  | $ | 714,428    |  
|Investments in real estate                                                           |  |                                           | 738,235    |     |      |   | 350,487    |      |  |   | 117,238    |     |  |      | 61,432     |   |  |   | 44,958     |  
|Investments in securities                                                            |  |                                           | 694,897    |     |      |   | 1,920,883  |      |  |   | 3,827,800  |     |  |      | 5,138,311  |   |  |   |           |  
|Total assets                                                                         |  |                                           | 3,094,976  |     |      |   | 8,151,450  |      |  |   | 11,057,580 |     |  |      | 12,060,506 |   |  |   | 1,024,585  |  
|Total indebtedness                                                                   |  |                                           | 2,077,123  |     |      |   | 6,102,890  |      |  |   | 10,040,925 |     |  |      | 10,452,191 |   |  |   | 329,859    |  
|Total liabilities                                                                    |  |                                           | 2,325,055  |     |      |   | 6,882,109  |      |  |   | 10,474,982 |     |  |      | 10,739,829 |   |  |   | 414,890    |  
|Total equity                                                                         |  |                                           | 769,921    |     |      |   | 1,269,341  |      |  |   | 582,598    |     |  |      | 1,320,677  |   |  |   | 609,695    |  
|                                                                                     | 
|                                                                                     |  | As of and For the Years Ended December 31 |           
|                                                                                     |  | 2009                                      |            |     | 2008 |   |            | 2007 |  |   | 2006       |     |  | 2005 |           
|Other Data:                                                                          |  |                                           |            |     |      |   |            |      |  |   |            |     |  |      |            |   |  |   |            |  
|Common shares outstanding, at period end, including unvested restricted share awards |  |                                           | 74,420,598 |     |      |   | 64,842,571 |      |  |   | 61,018,231 |     |  |      | 52,151,412 |   |  |   | 27,899,065 |  
|Book value per share                                                                 |  | $                                         | 8.08       |     |      | $ | 14.09      |      |  | $ | 6.81       |     |  | $    | 20.54      |   |  | $ | 17.34      |  
|Ratio of earnings to fixed charges and preferred share dividends                     |  |                                           |           | (1) |      |   |           | (1)  |  |   |           | (1) |  |      | 1.9x       |   |  |   | 3.8x       |  
|Dividends declared per share                                                         |  | $                                         |           |     |      | $ | 1.27       |      |  | $ | 2.56       |     |  | $    | 2.70       |   |  | $ | 2.43       |  



|(1) | The ratio of earnings to fixed charges and preferred share dividends for the years ended December 31, 2009, 2008 and 2007 is deficient by $453.8 million, $630.8
million and $447.8 million, respectively.
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