Financial Services >> Analyst Interviews >> December 3, 2002

Outlook For Non-traditional Reits: Merrill Ross – Friedman,billings,ramsey & Co Inc

Ross, Merrill
Merrill Ross is an experienced Senior Analyst, currently covering the housing and housing finance industries at BGB Securities, Inc. Prior to joining BGB Securities, Inc., in early 2009, she spent almost 12 years at Friedman, Billings, Ramsey, where she headed research into specialty commercial finance companies and mortgage REITs, and was Lead Analyst on over $7.5 billion of capital raised for such companies. Ms. Ross was previously head of financial institution research with Wheat First Butcher Singer, and was part of the FIG team at Credit Suisse First Boston and Salomon Brothers over the course of her 20-plus-year career. She was also affiliated with Ranieri Wilson & Co., a merchant banking company, and IBCA, an international bank credit rating agency. Ms. Ross received a B.A. in chemistry from Barnard College and an MBA from Pace University. She was recognized as a top stock picker in the 2003 "Best on the Street" survey in The Wall Street Journal. Profile
TWST: Describe your coverage. Where does it fit into the overall

effort of FBR?

Ms. Ross: I cover nontraditional real estate investment trusts or

REITs. Many of them invest in mortgage loans