Kole will be managing the residential (1-4 family) whole loan
desk where he will be responsible for overseeing day to day operations, which include working exclusively on behalf of community, regional and national banks as well as private equity funds and hedge hinds in the disposition of residential (1-4 family) whole loans
to private, corporate and institutional investors.
Biegel has joined the company's Residential and Consumer Debt team, where he will have primary responsibility for building out a residential whole loan
platform that will enable the firm to expand its investments in residential whole loans
, mortgage servicing rights and other similar assets.
6 February 2013 -- New York-based mortgage firm Residential Capital, LLC (ResCap) said it has completed the sale of a whole loan
portfolio made up of approximately 28,000 whole loans
to Berkshire Hathaway (NYSE: BRK-B).
It does not apply to transactions involving the sale of whole loans
, including sales of whole loans
where servicing and a portion of the interest to cover normal servicing is retained by the seller.
com, the country's first trading site developed solely for the sale of bank whole loans
and mezzanine positions.
This year alone Hudson has purchased several performing whole loans
and B-Notes as well as non-performing whole loans
," said Spencer Garfield, managing director at Hudson.
Supply and demand would indicate that as institutional real estate investment targets increase (funding a fresh supply of capital, both debt and equity) the demand for whole loans
will increase accordingly,