CAPSTEAD MORTGAGE CORPORATION (NYSE:CMO) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02.RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On April 26, 2017, Capstead Mortgage Corporation issued a press
release announcing first quarter 2017 results.A copy of the press
release is attached as Exhibit 99.1.
ITEM 9.01.FINANCIAL STATEMENTS AND EXHIBITS
Press release issued by Capstead Mortgage Corporation
About CAPSTEAD MORTGAGE CORPORATION (NYSE:CMO)
Capstead Mortgage Corporation is a self-managed real estate investment trust (REIT). The Company invests in a leveraged portfolio of residential mortgage pass-through securities consisting exclusively of short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises (GSEs), either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the GSEs), or by an agency of the federal Government, the Government National Mortgage Association (Ginnie Mae). The Company finances its residential mortgage investments primarily by borrowing under repurchase arrangements with commercial banks and other financial institutions supported by its long-term investment capital. The repurchase arrangements entered into by the Company involve the sale and a simultaneous agreement to repurchase the transferred assets at a future date. CAPSTEAD MORTGAGE CORPORATION (NYSE:CMO) Recent Trading Information
CAPSTEAD MORTGAGE CORPORATION (NYSE:CMO) closed its last trading session up +0.07 at 10.94 with 966,148 shares trading hands.