It’s official: American Capital buys Residential Credit Solutions

WASHINGTON/NEW YORK (Reuters) – The government restructured its bailout of American International Group. on securities underlying the insurer’s credit default swaps, and spend up to $22.5 billion.

American Capital is moving its portfolio away from 30-year and into more agency 15-year and adjustable-rate mortgages and will benefit from the specialty servicing expertise at Residential Credit.

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The most interesting development at American Capital Mortgage is its move to acquire Residential Credit Solutions, a mortgage loan servicer.

On December 4, 2013, American Capital Mortgage Investment Corp. (MTGE) announced that through a subsidiary, it has acquired Residential Credit Solutions, Inc. (RCS).

It’s official: American Capital buys Residential Credit Solutions Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million Here’s the No.1 thing Americans sacrifice to pay for their home april 25, 2019. massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million. Housingwire-Ben Lane.

Ares Capital Corp said Jan. 3 that it completely its buy. to American Capital shareholders, resulting in American Capital shareholders owning 26.3% and Ares Capital shareholders owning 73.7% of the.

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It’s official: American Capital buys Residential Credit Solutions As he’s doing with American Capital Agency (AGNC-0.6%), CIO Gary Kain is supplementing share repurchases at American capital mortgage (nasdaq:mtge) with outright buys of the common stock of agency.

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American Capital Mortgage Investment Corp. is a real estate investment trust (reit). The companys investment objective is to provide risk-adjusted returns to its investors over the long-term through a combination of dividends and capital appreciation.

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Commercial paper is an unsecured obligation used by a corporation or bank to finance its short term credit needs. A mortgage is secured by real property. See link for a related topic- asset backed.

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