Bimini Mortgage Management, Inc. to Broadcast Second Quarter Conference Call Live on the Internet.VERO BEACH, Fla. -- Bimini Mortgage Management, Inc. (NYSE NYSE See: New York Stock Exchange :BMM BMM Baptist Mid Missions BMm Bachelor of Multimedia BMM Bachelor of Mass Media BMM Borrowed Military Manpower BMM Brigade Mixte Mobile (Mixed Mobile Brigade, Cameroon) BMM Broadcast-Based Multimedia BMM Bit Map Memory ), a real estate investment trust that invests primarily in residential mortgage-related securities, today announced that it will provide an online Web simulcast of its second quarter 2005 earnings conference call on July 26, 2005. The Company will release results for the first quarter ended June 30, 2005, after the close of market trading on July 25, 2005. The live broadcast of Bimini Mortgage Management's conference call will begin at 10:00 a.m. Eastern time on July 26, 2005. An online replay will be available approximately two hours following the conclusion of the live broadcast and will continue through August 26, 2005. A link to these events will be available at the Company's website www.biminireit.com. Bimini Mortgage Management, Inc. invests primarily in residential mortgage-related securities issued by the Federal National Mortgage Association (Fannie Mae Fannie Mae: see Federal National Mortgage Association. ), 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 Freddie Mac: see Federal Home Loan Mortgage Corporation. ) 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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