News & Press Releases
Consolidation Favors Nimble Lenders
As much as 40% of the mortgage industry’s productive capacity has disappeared. Some 250 mortgage loan origination platforms have ceased operations and an avalanche of buybacks and a liquidity crunch has brought the subprime market to a halt. However harsh, industry consolidation is always with us. The permanent driver of that consolidation continues to be the competitive advantages conferred by economies of scale. Read more...
Starting Fresh
After 18 years in the business Mr. Dahleen is starting a new mortgage company during a market collapse. He says he’s doing it right this time. Why start a mortgage company now? What does doing it right really mean? Read more...
Hedge Funds Jump into Distressed Mortgages
Estimates suggest that more than $400 billion in private capital may be ready to jump into distressed mortgages within the next year; this story shows that, waiting may not be the best option. Read more...
Offshore Fund Eyes U.S. Loans
Several new funds have been formed recently to capitalize on the "low" prices in portions of today's liquidity-strapped market and there has been some question as to whether this might help or be a sign of market recovery. Read more...
Strategic Recovery Group Launches Loan Servicing Business
Acqura offers a full spectrum of servicing, loss mitigation and collection services to hedge funds, investment bank and lender clients and creates a customized risk-management solution for each of its clients. The members of Acqura's management team have an average of 20 years experience in mortgage finance, high LTV servicing, and debt recovery. Read more...
ARE Asset Management Launches Offshore Funds
American Residential Equities (ARE), has bought, managed and sold more than $1 billion in non-performing mortgages and REO. The are a primary investor in the Plano, Texas based loan servicing specialist company, Strategic Recovery Group, LLC. Read more...
