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ECC Capital Corporation ECRO
$0.10 $0.016.11% OTC PK
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Corporate Info
Phone Number
949-954-7060
Address
312 US Hwy 189
Suite 250
Kemmerer, WY 83101
Country
United States
Year Founded
2004
Details
Sector
Financials
Industry
Financial Services
Employees
Business Description
ECC Capital Corporation, a real estate investment trust (REIT), invests in residential mortgage loans in the United States. The Company operates through the Trust Entities and Non-Trust Entities segments. It owns and manages interests in securitization trusts, which issues securities collateralized by residential real estate mortgages. The company qualifies as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax to the extent that it distributes at least 90% of its REIT taxable income to its shareholders. It is also involved in loan investment, servicing operations, and coal mining. ECC Capital Corporation was incorporated in 2004 and is based in Kemmerer, Wyoming.