Description: Bimini Capital Management, Inc. is a specialty finance company. The Company primarily invests in mortgage-backed securities (MBS). The principal and interest payments of these MBS are guaranteed by the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or the Government National Mortgage Association (Ginnie Mae), and are backed primarily by single-family residential mortgage loans. The Company's portfolio consists of approximately two categories of Agency MBS, such as traditional pass-through Agency MBS and structured Agency MBS, such as collateralized mortgage obligations (CMOs), interest only securities (IOs), inverse interest only securities (IIOs) and principal only (POs). The Company funds its pass-through Agency MBS and certain of its structured Agency MBS, such as fixed and floating rate tranches of CMOs and POs, through repurchase agreements.
Home Page: www.biminicapital.com
3305 Flamingo Drive
Vero Beach,
FL
32963
United States
Phone:
772 231 1400
Officers
Name | Title |
---|---|
Mr. Robert E. Cauley C.F.A., CPA, CFA, CPA | Chairman, CEO & Sec. |
Mr. George Hunter Haas IV | Pres, Chief Investment Officer, CFO & Treasurer |
Mr. Jerry M. Sintes CPA | VP & Controller |
Exchange: OTCQB
Country: US
Currency: US Dollar ($)
GIC Sector: | Financials |
---|---|
GIC Group: | Diversified Financials |
GIC Industry: | Mortgage Real Estate Investment Trusts (REITs) |
GIC Sub-Industry: | Mortgage REITs |
Forward PE: | 0 |
---|---|
Trailing PE: | 0 |
Price-to-Book MRQ: | 0.4222 |
Price-to-Sales TTM: | 5.4504 |
IPO Date: | 2004-09-17 |
Fiscal Year End: | December |
Full Time Employees: | 8 |