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PMC leads $200 million deal - Pryor, McClendon, Counts mortgage-backed securities offering from Resolution Trust Corp
PMC is the first African American investment banking firm to receive an underwriting assignment from a federal agency. The $200M deal will provide business ......(Continue Reading)Mortgage servicing an iffy business these days - Statistical Data Included
This article focuses on the growth of GMAC Commercial Mortgage. Questions and issues concerning why did Mellon get out of the business?, the purchase of ......(Continue Reading)Liberty and profit for all: B.E. financial company of the year - Alden J. McDonald Jr., CEO of Liberty Bank and Trust Co - 25th Anniversary of the B.E.
McDonald has guided Liberty Bank and Trust through a turnaround from 1990 when the bank almost failed. The oil bust in the mid-1980s was disastrous for ......(Continue Reading)Soldiers of fortune - Resolution Trust's mismanagement
The Resolution Trust Corp lost $7 billion in loans and other assets and then initiated a mission to find the missing money that was characterized by the ......(Continue Reading)CMBS, REITs travel down parallel paths to success - commercial mortgage-backed securities, real estate investment trusts - Securitization Special Report
The commercial mortgage-backed securities market (CMBS) and the real estate investment trust market (REIT) have prospered in the mid-1990s. The CMBS market ......(Continue Reading) |
