Early this year, when Dallas-based Capstead Mortgage Corp. set its sights on a $25 billion servicing portfolio by yearend, the goal seemed - well, ambitious.

After all, first-quarter 1995 earnings of $15.7 million were off more than $12 million from those in 1994's first quarter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.