Item 8.01 Other Events. On June 19, 2015, Wind River TRS LLC, a Delaware limited liability company and wholly-owned subsidiary of Hatteras Financial Corp. (the "Company"), entered into an interest purchase agreement to acquire Pingora Asset Management, LLC ("Pingora Management") and Pingora Loan Servicing, LLC ("Pingora Servicing," and together with Pingora Management, "Pingora.
California foreclosures set to surge NAHB: Builder confidence ends four months of consecutive increase nahb: builder confidence outstrips pre-bubble highs Home builders surveyed by the National Association of Home Builders expressed their highest level of confidence in housing markets since 1999. The index reading for housing market conditions in.Nonjudicial foreclosure is the most common type of foreclosure in California. It is used when there is a power-of-sale clause in the deed of trust that secures the mortgage loan by giving the trustee the authority to sell the home to pay off the loan balance at the request of the lender if the borrower defaults (fails to make payments).
* Estimated solely for the purpose of calculating the registration fee pursuant to Rule 0-11 of the Securities Exchange Act of 1934, as amended, based on the product of (i) $15.83, the average of.
Annaly Capital Management, Inc. (“Annaly”) (NYSE:NLY) and Hatteras Financial Corp. (“Hatteras”) (NYSE:HTS) today announced the signing.
Hatteras Financial (HTS), a real estate investment trust, announced the acquisition of Pingora Asset Management and Pingora Loan Servicing,
Annaly Capital Management, Inc. NLY – a mortgage real. up from 9.73% in the year-ago quarter. Annaly’s acquisition of Winston Salem, NC-based mREIT, Hatteras Financial Corp., has fortified its.
Bayview Asset Management LLC has agreed to buy Pingora, a specialized asset. No financial terms were disclosed.. Bayview had entered into an interest purchase agreement to acquire Pingora Holdings, L.P. (“Pingora”),
· Hatteras Financial (HTS), a real estate investment trust, announced the acquisition of Pingora Asset Management and Pingora Loan Servicing, a specialized asset manager focused on investing in new.
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Hatteras Financial Corp. on Thursday announced plans to purchase Pingora Asset Management and Pingora Loan Servicing of Denver. Michael Hough, CEO and chairman of Hatteras Financial (NYSE: HTS.
Hatteras Financial Corp. Announces Definitive Agreement to Acquire Pingora Asset Management and Pingora Loan servicing acquisition expands hatteras’ relationships with Mortgage Originators.
Onslow Bay completed its first securitization transaction in December 2015 which was the first deal post financial crisis composed of newly originated jumbo arms. Further diversification was accomplished in 2015 with the acquisition of Pingora Asset Management, a leader in purchasing and managing of mortgage servicing rights (MSR).
Pingora Asset Management LLC, ("Pingora"), is a specialized asset manager focused on investing in and servicing of new production performing mortgage servicing right ("MSR") portfolios. Founded by Michael Lau in 2012, Pingora plans to capitalize on recently formed opportunities in the mortgage sector.