ORChid Island Capital Inc a specialty finance company invests in residential mortgagebacked securities RMBS in the United States The companys RMBS is backed by singlefamily residential mortgage loans referred as Agency RMBS Its portfolio includes traditional passthrough Agency RMBS such as mortgage pass through certificates and collateralized mortgage obligations and structured Agency RMBS comprising interest only securities inverse interest only securities and principal only securities The company qualifies as a real estate investment trust for federal income tax purposes ORChid Island Capital Inc was incorporated in 2010 and is based in Vero Beach Florida