Mortgage Lender To Help HFs Exit Mortgage Portfolios

Sep 11 2008 | 11:33am ET

Hedge funds bogged down with mortgage portfolios can either refinance or exit their portfolios entirely thanks to a New York-based mortage lender.

Lend America said it has launched an exit strategy to help Wall Street firms and hedge funds quickly monetize their residential mortgage portfolios by refinancing performing mortgages or exiting non-performing ones entirely.

“Many investors are looking for instant liquidity or increased cash flow from mortgage investments in this challenging environment,” said Michael Ashley, chief business strategist. “Lend America has the origination and marketing platforms, FHA expertise and geographic penetration to help investors quickly turn a mortgage portfolio into cash and improve investment performance.”


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note