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Real Estate & Property Law

: Housing Wire

Firm Wades Back into Distressed RMBS; Is Timing Right?

By PAUL JACKSON

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Despite a track record that would make the most steeled trader nervous, some firms now appear willing to consider acquisitions of distressed private-party mortgage-backed securities in the hopes that the investments have been devalued enough by ongoing market turmoil to present a classic value play. Reuters’ Al Yoon reported Monday afternoon that hedge fund T2 [...]

Full post as published by Housing Wire on December 09, 2008 (boomark / email).

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