Tag Archives: vulture investor

Vulture or Phoenix?

by mike jones on 17. Oct, 2007 in Mortgage News

Discouraged about the dearth of subprime products or the availability of jumbos? Wilbur Ross may be your next wholesale lender.
While the Federal Reserve was conducting secret meetings with 30 top banks two weeks into September, Wilbur Ross was preparing to bid for the mortgage servicing assets of Michael Strauss’s bankrupt American Home Mortgage Investment [...]

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