Capstead Mortgage Corp., Dallas, has reported a net loss from continuing operations of $1.49 million for the third quarter, compared with net income of $4.15 million a year earlier.After considering the payment of preferred share dividends, the numbers resulted in a net loss of $0.35 per share in the third quarter and a loss of $0.05 per share a year earlier, Capstead said. The company attributed the recent loss to lower financing spreads. The company said its mortgage securities portfolio increased to approximately $5.2 billion in the third quarter, as acquisitions of adjustable-rate mortgage securities totaled $810 million, more than offsetting $436 million of portfolio runoff. Capstead can be found on the Web at http://www.capstead.com.
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