Capstead Home finance loan Corporation (NYSE: CMO) (“Capstead” or the “Company”) declared currently that it will launch its 3rd quarter 2020 outcomes next the shut of buying and selling on the New York Inventory Trade on Wednesday, Oct 28, 2020. The Enterprise will host a meeting call and stay audio webcast to discuss its money effects on Thursday, Oct 29, 2020, at 10:00 a.m. ET.
To entry the conference phone, dial toll cost-free (877) 505-6547 in the U.S., (855) 669-9657 for Canada, or (412) 902-6660 for intercontinental callers and check with to be a part of the Capstead Mortgage loan Company simply call. The audio replay will be available 1 hour immediately after the stop of the meeting phone. The replay can be accessed by dialing toll free (877) 344-7529 in the U.S., (855) 669-9658 for Canada, or (412) 317-0088 for intercontinental callers and moving into convention selection 10148844.
A reside audio webcast of the convention get in touch with can be accessed as a result of a website link in the trader relations section of the Company’s website at www.capstead.com. Make sure you enable extra time prior to the connect with to download and install audio software program, if desired. An audio archive of the webcast will be available right until January 27, 2021 on the Company’s site.
Capstead is a self-managed real estate financial investment rely on, or REIT, for federal cash flow tax applications. The Corporation earns revenue from investing in a leveraged portfolio of residential adjustable-charge house loan go-via securities, referred to as ARM securities, issued and certain by government-sponsored enterprises, possibly Fannie Mae, Freddie Mac, or by an company of the federal federal government, Ginnie Mae.
Capstead’s expense strategy attempts to mitigate hazards to ebook price by concentrating on investments in company-guaranteed household home loan pass-as a result of securities, which are regarded as to have little, if any, credit score chance and are collateralized by ARM loans with desire premiums that reset periodically to far more present degrees.
Source: Capstead Home finance loan