|
Balance Sheet Cash Flow Statement 1211 Avenue of the Americas, Ste. 2902 New York, NY 10036 NY Tel. 212-696-0100 Toll Free 888-826-6259 Fax 212-696-9809 |
Type: Public
On the web:
http://www.annaly.com
Employees:
65
Employee growth: 66.7%
Annaly cannily invests its capital. A real estate investment trust (REIT), Annaly Capital Management invests in and manages mortgage-backed securities. Among its investments are mortgage pass-through certificates, collateralized mortgage obligations, and agency callable debentures. Certificates are issued or guaranteed by third-party issuers like Freddie Mac, Fannie Mae, and Ginnie Mae. At least 75% of its assets are high-quality, mortgage-backed securities or short-term investments. All of the REIT's assets are agency certificates with implied AAA ratings backed by single-family residential mortgages. Subsidiary Fixed Income Discount Advisory Company (FIDAC) provides investment advisory services.
Key numbers for fiscal year ending December, 2008:
Sales: $477.4M
One year growth: (2.6%)
Net income: $346.2M
Income growth: (11.9%)
Officers:
Chairman, President, and CEO: Michael A. J. Farrell
Vice Chairman, COO, and Chief Investment Officer: Wellington J. Denahan-Norris
CFO and Treasurer: Kathryn F. Fagan
Competitors:
Capstead Mortgage
Impac Mortgage Holdings
Redwood Trust
