| Business Summary | | Capital
Alliance
Income
Trust
Ltd.,
a
real
estate
investment
trust,
is
a
specialty
mortgage
finance
company
which,
together
with
its
subsidiary,
operates
a
mortgage
banking
concern
with
three
divisions:
the
Mortgage
Investment
Business,
the
Mortgage
Conduit
Business
and
the
Warehouse
Lending
Business.
The
Company
directly
conducts
its
Mortgage
Investment
Business,
which
invests
for
the
its
portfolio
of
collateral-oriented,
high-yielding,
non-conforming
residential
mortgage
loans
and
home
equity
loans,
and
its
Warehouse
Lending
Business
that
provides
secured
warehouse
and
repurchase
financing
to
Capital
Alliance
Funding
Corporation
(CAFC)
and
an
affiliated
mortgage
banker. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Capital
Alliance
Income
Trust
Ltd.
is
a
specialty
mortgage
finance
company
which
invests
in
mortgage
loans,
provides
secured
financing
to
affiliated
mortgage
bankers
and
originates
and
purchases
mortgage
loans.
For
the
six
months
ended
6/30/01,
total
revenues
rose
68%
to
$1.3
million.
Net
income
applicable
to
Com.
totalled
$239
thousand
vs.
a
loss
of
$12
thousand.
Revenues
reflect
investment
gains
from
affiliates,
rather
than
losses.
Earnings
reflect
lower
real
estate
costs. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Thomas Swartz, 68 | Chairman
and CEO | Dennis Konczal, 49 | Pres,
COO, Director | Richard Wrensen, 44 | Sr.
VP, CFO, Director | Linda St. John, 44 | Sec.
and Operations Officer |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|