Capstead Mortgage Corporation
Company Information

Capstead Mortgage Corporation Company Profile

Capstead Mortgage is holding steady in a turbulent real estate market. To stay the course, the self-managed real estate investment trust (REIT) makes leveraged investments in single-family residential adjustable-rate mortgage securities issued and backed by government agencies such as Fannie Mae, Freddie Mac, and Ginnie Mae; it occasionally makes limited investments in credit-sensitive commercial mortgage assets, as well. The REIT typically funds its investment activities through short-term borrowings or equity offerings. Its portfolio is worth approximately $8.5 billion.