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Real Estate & Property Law
: Housing WireTwo WaMu Execs to Chase MBS
By JACOB GAFFNEY
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Former Washington Mutual executives Sreeni Prabhu and Brad Friedlander partnered with SouthStar Funding founding partner, Michael Fierman, to start Angel Oak Capital Partners.
Angel Oak is now focusing on distressed mortgage-backed securities (MBS), currently manages $30m in assets and is looking for more.
So far, the fund’s strategy is focused on acquiring pools of MBS that are [...]Full post as published by Housing Wire on May 22, 2009 (boomark / email).
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