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Exhibit 23.1
Consent of Independent Registered Public Accounting Firm
Dynex Capital, Inc.
Glen Allen, Virginia
We hereby consent to the incorporation by reference in the Registration Statements on Form S-3 (Nos. 333-222354 and 333-257318) and Form S-8 (Nos. 333-198796, 333-224967, and 333-239097) of Dynex Capital, Inc. of our reports dated February 28, 2022, relating to the consolidated financial statements, and the effectiveness of Dynex Capital, Inc.’s internal control over financial reporting, which appear in this Annual Report on Form 10-K.
/s/ BDO USA, LLP
Richmond, VA
February 28, 2022