Annaly Capital Management Inc

Annaly Capital Management, Inc. is a diversified capital manager engaged in the residential mortgage finance business. It invests in agency mortgage-backed securities collateralized by residential mortgages, non-agency residential whole loans and securitized products in the residential and commercial markets, mortgage servicing rights, agency commercial mortgage-backed securities, to-be-announced forward contracts, residential mortgage-backed securities, residential mortgage loans, and agency or private label credit risk transfer securities. The company has elected to be taxed as a real estate investment trust (REIT), and as a REIT it is not subject to federal income tax to the extent it distributes its taxable income to shareholders. Annaly Capital Management, Inc. was incorporated in 1996 and is based in New York, New York.