Annaly Capital Management was founded in 1997 as a Real-Estate Investment Trust (REIT). The company invests in mortgage-backed securities, including mortgage pass-through certificates, agency callable debentures, and collateralized mortgage obligations.
Ninety percent of the company’s portfolio is dedicated to Freddie Mac, Fannie Mae, and Ginnie Mae mortgage-backed securities.
Annaly Capital Management’s objective is to use its capital together with borrowed funds to invest in real estate and and earn interest or rent.
The company is managed externally by Annaly Management Company LLC, which sets the strategy for the company as well as oversees processes and solutions.
Annaly Capital Management is publicly traded on the New York Stock Exchange under the ticker symbol NLY, is #538 in the Fortune 1000, has 48 employees, and had $1.88 billion in revenue in 2013.
Annaly Capital ManagementAnnaly Capital Management was founded in 1997 as a Real-Estate Investment Trust (REIT). The company invests in mortgage-backed securities, including mortgage pass-through certificates, agency callable debentures, and collateralized mortgage obligations.
Ninety percent of the company’s portfolio is dedicated to Freddie Mac, Fannie Mae, and Ginnie Mae mortgage-backed securities.
Annaly Capital Management’s objective is to use its capital together with borrowed funds to invest in real estate and and earn interest or rent.
History
The company is managed externally by Annaly Management Company LLC, which sets the strategy for the company as well as oversees processes and solutions.
Annaly Capital Management is publicly traded on the New York Stock Exchange under the ticker symbol NLY, is #538 in the Fortune 1000, has 48 employees, and had $1.88 billion in revenue in 2013.