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Distressed Mortgage Portfolios Sought

#1 (permalink)

12-10-2007, 12:05 PM

Veronica Corningstone Veronica Corningstone is offline

Corner Window Office

Join Date: Jan 2006

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Distressed Mortgage Portfolios Sought

G8 Capital LLC announced it closed on its first portfolio acquisition during November. The California-based company said it expects to acquire as many as three more portfolios during December. G8 said it is seeking portfolios with performing and nonperforming loans. Its bids are at a discount of as much as 60 percent.

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