With Funding From Leon Black, AmeriHome Targets Jumbo And Non-Agency Sector; Its Ultimate Goal is to Securitize
June 20, 2014
Six months ago, AmeriHome Mortgage of California was a little known subsidiary of Impac Mortgage Holdings. But not anymore. Now controlled by Athene Holding Ltd., an insurance company owned by Wall Street veteran Leon Black, the nonbank lender is gearing up to make a splash in the jumbo and non-agency market as a correspondent buyer of mortgages. “They’re...