Corporate Profile for Annaly Mortgage Management, Inc., dated Friday February 8, 2002.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: Friday February 8, 2002
Company Name: Annaly Mortgage Management, Inc.
Address: 12 East 41st Street, Suite 700
New York, NY 10017
Main Telephone
Number: 212/696-0100
Internet Home
Page Address
(URL) www.annaly.com
Chief Executive
Officer: Michael A.J. Farrell
Chief Financial
Officer: Kathryn F. Fagan
Industry: Financial Services
Trading Symbol/
Exchange: NYSE: NLY
Company description: Annaly Annaly (Irish Angaile) was a medieval lordship in central Ireland. Its territory roughly coincided with modern County Longford. It was associated with the O'Farrell family[1]. is a Real Estate Investment Trust which owns and manages a portfolio of mortgage-backed securities Mortgage-backed securities (MSBs) Securities backed by a pool of mortgage loans. . The Company's principal business objective is to generate net income for distribution to stockholders from the spread between the interest income on its mortgage-backed securities and the costs of borrowing to finance its acquisition of mortgage-backed securities. Earnings for the year ended December December: see month. 31, 2001 were $92,277,685 or $2.23 per average share outstanding, as compared to $16,587,288, or $1.18 per average share outstanding for the year ended December 31, 2000. |
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