Form: S-8

Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

May 22, 2009

Exhibit 23.2




CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 
We hereby consent to the incorporation by reference in this Registration Statement on Form S-8, relating to the Dynex Capital, Inc. 2009 Stock and Incentive Plan, of our reports dated March 13, 2009, relating to the consolidated financial statements and the effectiveness of Dynex Capital, Inc.’s internal control over financial reporting, appearing in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2008.
 
 
 
 
/s/ BDO SEIDMAN, LLP
 
 
 
Richmond, Virginia
May 21, 2009