The Company operates its business in two primary segments,
mortgage investment operations and mortgage banking operations.
Mortgage investment operations are driven by the net interest income
generated on our leveraged prime mortgage loan investment portfolio.
Mortgage banking operations are driven by income generated from our
mortgage loan origination business and include sales, loan processing,
underwriting, funding, secondary marketing and brokerage
activities.
Financial information regarding the
Company's business segments can be found in Note 13 to the
consolidated financial statements included elsewhere in this annual
report on Form 10-K.
Mortgage Investment...
Description |
