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31 Jan, 2025
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25 Oct, 2024
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Orchid Island Capital, Inc. is a specialty finance company that focuses on investing in residential mortgage-backed securities (RMBS). Taxable RMBS invests in agency and non-agency mortgage backed securities. Non-taxable RMBS invests in stripped bonds for which interest income is exempt from federal income tax. It operates through two segments, Agency Residential Mortgage-Backed Securities, and Other Investments and Corporate.