Real estate investment trust (REIT) Hatteras Financial Corp. is acquiring Pingora Asset Management and Pingora Loan Servicing for an unspecified sum. Pingora is a specialized asset manager focused on investing in new production performing mortgage servicing rights and servicing residential mortgage loans.
Servicing loans in all U.S states, DC, Puerto Rico, and Guam .The Bayview team has been servicing loans since 1999
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Gables, Florida with approximately 2,100 employees across asset management and loan servicing operations. As of March 31, 2017, Bayview oversees approximately $14.2 billion in assets under management. Bayview has substantial experience in sourcing, purchasing, servicing, and managing residential and commercial mortgage loans and mortgage-backed securities.
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Bayview Asset Management acquiring Pingora Holdings from Annaly Capital Management Bayview buying Pingora Asset Management, Pingora Loan Servicing July 11, 2017
Bayview. purchase agreement to acquire Pingora Holdings, L.P. (“Pingora”), a Delaware limited partnership and wholly-owned indirect subsidiary of Annaly. Through its wholly-owned subsidiaries,
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.
KEYWORDS Bayview loan servicing black knight Contract Renewal. to continue our partnership with Bayview and provide a comprehensive platform to help manage all of the company’s servicing needs,”.
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Hatteras Financial (HTS) to Buy Pingora Asset Management and Pingora Loan Servicing Article Related Press Releases ( 1 ) Stock Quotes (1) Comments (0) FREE Breaking News Alerts from StreetInsider.com!
Hatteras Financial Corp. on Thursday announced plans to purchase Pingora. in new production performing mortgage servicing rights, or MSRs. "Michael Lau and his team (at Pingora) have built an.
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ABOUT BAYVIEW. Bayview is headquartered in Coral Gables, Florida with approximately 1,950 employees across asset management, loan servicing, and origination. As of June 30, 2018, Bayview oversees approximately $14.0 billion in assets under management. Bayview has substantial experience in sourcing, purchasing, servicing,
Bayview Asset Management LLC operates as an investment management company. It focuses on investment in mortgage credit, including whole loans, mortgage and asset-backed securities, servicing rights, and mortgage-related equities. The firm offers fund management, loan serving and advisory services.