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Real Estate & Property Law

: Housing Wire

Wilbur Ross Prepares $1 Billion PPIP Investment

By DIANA GOLOBAY

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Investment giant Wilbur Ross’ Invesco (IVZ: 13.78 -1.43%) and its private equity affiliate WL Ross on Monday made preparations to invest up to $1bn in the government’s Public-Private Investment Program (PPIP). “We strongly believe that the Public-Private Investment Program will help stimulate the mortgage market and provide individual and institutional investors globally with compelling investment opportunities [...]

Full post as published by Housing Wire on April 28, 2009 (boomark / email).

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