Clicky

Bimini Capital Mgmt(BMNM)

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.


Keywords: Structured Finance Mortgage Loan Mortgage Backed Security Fannie Mae Repurchase Agreement Freddie Mac Government National Mortgage Association CMOS Federal National Mortgage Association Floating Rate Collateralized Mortgage Obligation

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 ($)

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
Back to stocks