Cornerstone Mortgage Investment Group

Cornerstone Mortgage Investment Group. Cornerstone Mortgage Investment Group, Inc. is a wholly-owned, limited purpose subsidiary of Edward D. Jones & Co., L.P. The company was formed for the sole purpose of investing in certificates to be purchased with the proceeds of secured mortgage bonds collateralized by such certificates. The company issues and sells secured mortgage bonds and also acquires, owns and assigns certificates. Gain from sale of securities accounted for 67% of 1998 revenues and residential sale incertificates, 33%.