Anworth Mortgage Asset Corporation announced that the independent members of its board of directors had appointed Mr. Joseph E. McAdams to the office of President on July 15, 2016. Joseph E. McAdams, age 47, has been a director of the company since June 2002. Mr. McAdams is also a member and the Chief Investment Officer of Anworth Management, LLC, the Company’s external Manager. Mr. Lloyd McAdams, who formerly held the office of President, will continue to serve as the Chairman of the Board and Chief Executive Officer of the Company.