The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Gundlach Brings One of His Favorite Asset Classes In-House Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, December 22, 2017

Gundlach Brings One of His Favorite Asset Classes In-House

News summary by MFWire's editors

Jeffrey Gundlach and his team are making another unconventional move, one that will bring in-house the creation and securitization of one of Gundlach's favorite asset classes.

Gundlach's Los Angeles-based DoubleLine Capital [profile] is creating Mortage Opportunities Capital as part of a plan to originate and securitize mortgages that aren't backed by Freddie Mac or Fannie Mae, Bloomberg reports. The publication cites unnamed regulatory filings.

Gundlach has long been a big investor in mortgage-backed securities. Yet there is a "dwindling supply" of this particular type of mortgage, Bloomberg notes, thanks to heavier regulations on banks and brokerages after the financial crisis. That makes the interest rates on such mortgages, and the mortgage-backed securities derived from them, even more attractive for investors like the institutions served by DoubleLine.

Fundsters interested in the mortgage-backed securities market should dig into the full Bloomberg article

Edited by: Neil Anderson, Managing Editor

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use