Anworth Mortgage Asset Corporation Schedules Conference Call to Announce Quarterly Earnings.SANTA MONICA, Calif. -- Anworth Mortgage Asset Corporation (NYSE NYSE See: New York Stock Exchange :ANH ANH Anhang (German: Appendix; used in designating Beethoven's music) ANH A New Hope ANH A New Hope (aka Star Wars Episode 4) ANH Alliance for Natural Health ) today announced it will release results for the first quarter of 2005 on Tuesday, May 3, 2005. Lloyd McAdams, Anworth's Chairman, President and Chief Executive Officer, will host a conference call on Tuesday, May 3, 2005 at 5:00 PM Eastern Time, 2:00 PM Pacific Time, to discuss first quarter 2005 results. The dial-in number for the conference call is 800-261-3417 and the passcode is 91623045. Replays of the call will be available for a 7-day period commencing at 7:00 PM Eastern Time. The dial-in number for the replay is 888-286-8010 and the passcode is 14803518. About Anworth Mortgage Asset Corporation Anworth is a mortgage real estate investment trust (REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). ) which invests in mortgage assets, including mortgage pass-through certificates, collateralized mortgage obligations, mortgage loans and other real estate securities. Anworth generates income for distribution to shareholders primarily based on the difference between the yield on its mortgage assets and the cost of its borrowings. Through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Belvedere Trust Mortgage Corporation, Anworth also invests in high-quality jumbo adjustable-rate mortgages and finances these loans though securitizations. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon our current expectations and speak only as of the date hereof. Our actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties including increases in the prepayment rates on the mortgage loans securing our mortgage-backed securities Mortgage-backed securities (MSBs) Securities backed by a pool of mortgage loans. , our ability to use borrowings to finance our assets, increases in default rates of the mortgage loans acquired by our mortgage loan subsidiaries, risks associated with investing in mortgage-related assets including changes in business conditions and the general economy, our ability to maintain our qualification as a real estate investment trust for federal income tax purposes, and management's ability to manage our growth. Our Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , recent and forthcoming Quarterly Reports on Form 10-Q, recent Current Reports on Form 8-K and other SEC filings discuss some of the important risk factors that may affect our business, results of operations and financial condition. We undertake no obligation to revise or update publicly any forward-looking statements for any reason. |
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