It primarily originates and invests in residential mortgage loans.
The company offers various hybrid/adjustable-rate and fixed-rate loan products that are secured by a first or subordinate mortgage.
It originates loans through a network of independent mortgage brokers, and to a lesser extent purchase loans through a network of independent mortgage lenders.
As of December 31, 2004, the company operated through five centers in Irvine, Woodland Hills, and Walnut Creek, California; Downers Grove, Illinois; and Glen Allen, Virginia.
As a REIT, the company would not be subject to federal income tax to the extent it distributes at least 90% of its taxable income to its shareholders.
ECC Capital is headquartered in Irvine, California.
