Distressed Servicer Closes Non-Agency Deal Backed by Variety of Mortgage Collateral
December 3, 2010
Walter Investment Management Corp. this week closed a private placement of $135 million of non-agency MBS issued by Mid-State Capital Trust 2010-1, a mere two days after stating that it had entered into letters of intent to acquire first-lien RMBS for about $90 million. “We are quite pleased...