Laser Mortgage Management, Inc. - LSMM- Profile

Laser Mortgage Management Inc. The principal activity of the Company is that of a specialty finance company that invests primarily in mortgage-backed securities and mortgage loans. The securities includes mortgage pass-through certificates, collateralized mortgage obligations and other securities representing interests in, or obligations backed by, pools of mortgage loans and mortgage derivatives securities. Interest in mortgage loans and securities accounted for 93% of 2000 revenues and interest on cash and cash equivalents, 8%.