Bimini Mortgage Management, Inc. Announces Time Change for Its Presentation At NYSSA REIT Conference.VERO BEACH, Fla. -- Bimini Mortgage Management, Inc. (NYSE NYSE See: New York Stock Exchange :BMM) today announced a time change for its presentation at the New York Society of Security Analysts (NYSSA Nyssa (nĭs`ə), name of several ancient cities devoted to the worship of Dionysus. The best known of them is a town of Cappadocia, Asia Minor, near the Halys (now the Kizil Irmak) River. It was the residence of St. Gregory of Nyssa. ) 15th Annual REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). Industry Conference, which takes place on April 12, 2005, in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . The presentation by Bimini's management is now scheduled to begin at 1:30 p.m. Eastern Time and will be available to investors via a live audio webcast. A link to the webcast can be found at the investor relations section of the Company's website, www.biminireit.com, and the event will be available for replay for 30 days using that same link. Bimini Mortgage Management, Inc., a real estate investment trust, invests primarily in residential mortgage-related securities issued by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, privately owned, government-sponsored organization that uses private capital to buy home mortgages as a means to help lower housing costs. (Freddie Mac) and the Government National Mortgage Association (Ginnie Mae). It earns returns on the spread between the yield on its assets and its costs, including the interest expense on the funds it borrows. |
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