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Reuters: Capstead Mortgage says market settling down

Started by chris, March 25, 2008, 12:01:03 PM

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chris

Capstead Mortgage says market settling down
      


NEW YORK (Reuters) - Capstead Mortgage Corp  said on Tuesday that it expected to have sufficient liquidity to manage its $7.3 billion portfolio absent any significant drop in financing availability, but it would take a $1.5 million first-quarter loss from a recent sale of $760 million of debt.
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