Ranieri, Ex-GMAC Execs Plan $1 Billion Fund to Buy Home Loans - Bloomberg
Story date: 2008-05-22 09:25:00
Added on: 2008-05-22 23:46:41
May 22 (Bloomberg) -- Lewis Ranieri , the mortgage bond pioneer trying to salvage a Texas bank that lost more than 90 percent of its value, is seeking $1 billion for a separate venture that will buy residential mortgages. Selene Residential Mortgage ...
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