Hints and tips:
...They include Ellington Management, Fundamental REO, whose fund received a large investment from Goldman Sachs and Barry Sternlicht’s Starwood Property Trust, analysts have said....
...Others looking at a listing include units of investment fund Ellington Management; Fundamental REO, whose fund received a large investment from Goldman Sachs; Waypoint Homes Realty Trust; American Homes...
...They have warned bankers that they are highly unlikely to award any REO to rental securitisations the coveted triple A rating, which signifies the security is as good as risk-free....
...Real-Estate Owned (Reo), foreclosed properties owned by banks, (the yellow line in the right-hand chart, and the light grey bit in the left) would be expected to stagnate....
...REOs increased 184 per cent in July compared with the year ago period....
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