On December 9, 2008, Hatteras Financial Corp. (the "Company") entered into a purchase agreement with Keefe, Bruyette & Woods, Inc. and Banc of America Securities LLC, as representatives of the several underwriters (the "Purchase Agreement"). Pursuant to the terms and conditions of the Purchase Agreement, the Company agreed to sell 9,409,090 shares of common stock, par value $0.001 per share, including the full exercise of the over-allotment option, at a per share purchase price to the public of $22.00.

The offering closed on December 15, 2008.

(d) Exhibits.

Exhibit No.   Description
     1        Form of Purchase Agreement (incorporated by reference to the Company's
              Registration Statement on Form S-11 filed with the Securities and
              Exchange Commission on December 8, 2008 (File No. 333-155591))