Orchid Island Capital, Inc.
Orchid Island Capital, Inc. is a finance company, which engages in the investment in residential mortgage-backed securities (RMBS). Its portfolio consists of the following Agency RMBS: traditional pass-through Agency RMBS and structured Agency RMBS. The pass-through Agency RMBS invest in pass-through securities, which are securities secured by residential real property.
The structured Agency RMBS involves collateralized mortgage obligations, interest only securities, inverse interest only securities, and principal only securities.