<SEC-DOCUMENT>0001504140-13-000052.txt : 20131220
<SEC-HEADER>0001504140-13-000052.hdr.sgml : 20131220
<ACCEPTANCE-DATETIME>20131220154159
ACCESSION NUMBER:		0001504140-13-000052
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20131212
FILED AS OF DATE:		20131220
DATE AS OF CHANGE:		20131220

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DYNEX CAPITAL INC
		CENTRAL INDEX KEY:			0000826675
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				521549373
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4991 LAKE BROOK DRIVE
		STREET 2:		STE 100
		CITY:			GLEN ALLEN
		STATE:			VA
		ZIP:			23060
		BUSINESS PHONE:		8042175800

	MAIL ADDRESS:	
		STREET 1:		4991 LAKE BROOK DRIVE
		STREET 2:		STE 100
		CITY:			GLEN ALLEN
		STATE:			VA
		ZIP:			23060

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCE MORTGAGE CAPITAL INC/VA
		DATE OF NAME CHANGE:	19930722

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCE MORTGAGE INVESTMENT CORP
		DATE OF NAME CHANGE:	19930505

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RAC MORTGAGE INVESTMENT CORP /VA/
		DATE OF NAME CHANGE:	19930505

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Salcetti Robert A
		CENTRAL INDEX KEY:			0001509503

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09819
		FILM NUMBER:		131291449

	MAIL ADDRESS:	
		STREET 1:		26344 MCDONALD ROAD
		CITY:			SPRING
		STATE:			TX
		ZIP:			77380
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2013-12-12</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000826675</issuerCik>
        <issuerName>DYNEX CAPITAL INC</issuerName>
        <issuerTradingSymbol>DX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001509503</rptOwnerCik>
            <rptOwnerName>Salcetti Robert A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O DYNEX CAPITAL, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>4991 LAKE BROOK DRIVE, SUITE 100</rptOwnerStreet2>
            <rptOwnerCity>GLEN ALLEN</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>23060</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <footnotes></footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Susan S. Ancarrow, as attorney-in-fact for Robert A. Salcetti</signatureName>
        <signatureDate>2013-12-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24
<SEQUENCE>2
<FILENAME>salcettipoaedgar.htm
<DESCRIPTION>POWER OF ATTORNEY FOR ROBERT SALCETTI
<TEXT>
<HTML><BODY><PRE>SECTION 16

POWER OF ATTORNEY





 I, Robert A. Salcetti, do

hereby constitute and appoint

Stephen J. Benedetti, Alison G.

Griffin, Susan S. Ancarrow and

Shannon V. Patterson my true and

lawful attorneys-in-fact, any of

whom acting singly is hereby

authorized, for me and in my name

and on my behalf as a director,

officer and/or shareholder of Dynex

Capital, Inc., to (i) prepare, execute

in my name and on my behalf, and

submit to the U.S. Securities and

Exchange Commission (the "SEC")

a Form ID, including any necessary

amendments thereto, and any other

documents necessary or appropriate

to obtain or update codes and

passwords enabling me to make

electronic filings with the SEC of

reports required by Section 16(a) of

the Securities Exchange Act of 1934

or any rule or regulation of the SEC

in respect thereof; and (ii) prepare,

execute and file any and all forms,

instruments or documents, including

any necessary amendments thereto,

as such attorneys or attorney deems

necessary or advisable to enable me

to comply with Section 16 of the

Securities Exchange Act of 1934 or

any rule or regulation of the SEC in

respect thereof (collectively,

"Section 16").



 I do hereby ratify and confirm

all acts my said attorney shall do or

cause to be done by virtue hereof.  I

acknowledge that the foregoing

attorneys-in-fact, serving in such

capacity at my request, are not

assuming, nor is Dynex Capital, Inc.

assuming, any of my responsibilities

to comply with Section 16.



 This power of attorney shall

remain in full force and effect until it

is revoked by the undersigned in a

signed writing delivered to each such

attorney-in-fact or the undersigned is

no longer required to comply with

Section 16, whichever occurs first.



 WITNESS the execution

hereof this 27th day of November,

2013.





  /s/ Robert A. Salcetti

  Robert A. Salcetti





































</PRE></BODY></HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
