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Real Estate & Property Law

: Housing Wire

Distressed Mortgage Specialist Acquires Hedge Fund Stake

By PAUL JACKSON

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Diversified Mortgage Workout Corp., a distressed subprime mortgage note acquisition specialist, said earlier this month that it has agreed to acquire a minority stake in a off shore hedge fund specializing in distressed mortgages, deep discounted/distressed mortgage bonds and distressed real estate properties. The White Plains, New York-based firm agreed to acquire a 23 percent minority [...]

Full post as published by Housing Wire on November 13, 2008 (boomark / email).

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