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Street Vets Shopping For a Loan Servicer?
New York -- Former Deutsche Bank loan traders Michael Commaroto and Paul Mangione are talking to investor Leon Black about starting a fund to bottom-fish in delinquent mortgages and securities, industry officials told National Mortgage News.
Also involved in the startup is Amy Brandt, who ran WMC Mortgage, a subprime wholesaler that was based in Burbank, Calif. WMC was owned by Mr. Black's company Apollo Management which is based ...
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Source: HighBeam Research, Street Vets Shopping For a Loan Servicer?