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Non-Prime Lending Comeback, Citadel Raises $200mm – May 01,2013

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/4/657/show_4657257.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Dan Perl, Chairman & CEO of Citadel Servicing Corporation & Managing Investment Partner for CMMI, LLC leads the charge back into non-prime lending. As recently featured in the LA Times, Dan discusses the proof of concept and capital raise phase as well as defines today's non-prime lending landscape, the market size and his path to the first private securitzation. Like Redwood taking the lead on private jumbo secruitization, watch for Dan/Citadel to pave the way for others in the non-prime market.
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About Author: Louis Amaya

Host Louis Amaya of iServe delves into the intricacies of the investment environment while discussing whole loan, MSR, and secondary trading as well as real estate and mortgage lending. Investors, lenders, service providers, and all those interested in and affected by mortgage and housing markets can tune in on the web or download on iTunes.
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