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| Security Type | Common Stock | Specialist | 985 | |
| Industry | Real Estate Management & REITs | Trading Post | 2 | |
| Primary Exchange | Amex | SEC Filings | ||
| Description |
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Capital Alliance Income Trust, Ltd., a real estate investment trust, operates as a specialty mortgage finance company in the United States. Its Mortgage Investment Business invests in non-conforming residential mortgage loans. The company's Mortgage Banking business engages in the origination, purchase, and sale of conforming and non-conforming mortgage loans secured by first liens and junior liens on one-to-four single family residential properties. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Capital Alliance Income Trust was founded in 1995 and is based in San Francisco, California. |
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