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Ticker:FICC
Company Name: Fieldstone Investment Corporation

Business Overview from 10-K filing for Fieldstone Investment Corporation:

We are a fully integrated mortgage banking company that has a portfolio of mortgage loans we originated and that originates, securitizes, sells and services non-conforming and conforming single-family residential mortgage loans. We have elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. We originate loans for borrowers nationwide through our operating subsidiary, Fieldstone Mortgage Company (Fieldstone Mortgage). Fieldstone Mortgage has been operating since 1995, and we believe we have developed processes and criteria that promote sound underwriting and pricing decisions and provide the ability to approve and fund quality non-conforming and conforming loans efficiently. We originate loans through our two primary channels: non-conforming and conforming. Each channel has wholesale and retail lending divisions.     

View the full FICC chart at Wikinvest

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