EXHIBIT 32.2

                        ANNALY MORTGAGE MANAGEMENT, INC.
                           1211 AVENUE OF THE AMERICAS
                                   SUITE 2902
                            NEW YORK, NEW YORK 10036


                        CERTIFICATION OF CHIEF FINANCIAL
                  OFFICER REGARDING PERIODIC REPORT CONTAINING
                              FINANCIAL STATEMENTS


         I, Kathryn F. Fagan, the Chief Financial Officer and Treasurer of
Annaly Mortgage Management, Inc. (the "Company") in compliance with 18 U.S.C.
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of
2002, hereby certify that, the Company's Quarterly Report on Form 10-Q for the
period ended September 30, 2003 (the "Report") filed with the Securities and
Exchange Commission:

          o    fully complies with the requirements of Section 13(a) or 15(d) of
               the Securities Exchange Act of 1934; and

          o    the information contained in the Report fairly presents, in all
               material respects, the financial condition and results of
               operations of the Company.




                                     /s/ Kathryn F. Fagan

                                     Kathryn F. Fagan

                                     Chief Financial Officer and Treasurer

                                     November 12, 2003




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