Deutsche Bank Analyst Stephen Laws Initiates Coverage on Five Companies within the Real Estate Finance Sector

Deutsche Bank Securities Inc. today announced that
analyst Stephen Laws has initiated coverage of the following five
mortgage REITs: Annaly Mortgage (NYSE:NLY), MFA Mortgage (NYSE:MFA),
Anworth Mortgage (NYSE:ANH), Luminent Mortgage (NYSE:LUM), and Bimini
Mortgage (NYSE:BMM).
   Laws thinks near-term capital appreciation is unlikely. "Given the
REIT requirements, dividends are a significant portion of returns to
shareholders," Laws said. "In the near term, we believe capital
appreciation will be minimal." Longer term, he expects stocks to
perform better when interest rate spreads stabilize and the yield
curve steepens.
   Deutsche Bank was recently ranked the top bulge-bracket firm for
equities research by an Investars survey of asset managers, research
directors, analysts, individual investors and financial institutions.
The rankings measured one-year performance of Deutsche Bank's stock
picks vs. the S&P 500.

   About Deutsche Bank

   With Euro 901 billion in assets and 64,500 employees, Deutsche
Bank offers unparalleled financial services in 74 countries throughout
the world. Deutsche Bank competes to be the leading global provider of
financial solutions for demanding clients creating exceptional value
for its shareholders and people.
   Deutsche Bank ranks among the global leaders in corporate banking
and securities, transaction banking, asset management, and private
wealth management, and has a significant private and business banking
franchise in Germany and other selected countries in Continental
Europe.
   Deutsche Bank Securities Inc. is the investment banking and
securities arm of Deutsche Bank AG in the United States.

   www.db.com