| Credit-Based Asset Servicing and Securitization LLC |  | In 2007 C-BASS bought Fieldstone Investment Corporation, which signaled the beginning of the end when Fieldstone's mortgage unit declared bankruptcy. C-BASS could not meet lenders' margin calls and had to throw in the towel itself and begin liquidation. It filed for Chapter 11 bankruptcy in November 2010. When the subprime market got fishy, C-BASS had to be thrown back. Credit-Based Asset Servicing and Securitization (C-BASS) purchased and securitized credit-sensitive and nonperforming single-family residential mortgages, investing in whole loans, subordinated securities, and properties on the verge of being foreclosed upon. It also developed loan-default management technology. | | Visit Website | | Office Address | 335 Madison Avenue, 19 Fl., New York, NY, 10017 USA | | Phone | (212) 850-7700 | | Fax | (212) 850-7760 | | Send Enquiry
| | Executives | Bruce Williams, Co-CEO | | Saul Sanders, Co-CEO |
Rating :
(No Votes) Rate | Add to Favorites | Print this Page | Tell-a-friend | Add a comment
|
|
Related companies |
 | CreXus Investment Corporation CreXus Investment Corp. acquires, manages and finances commercial mortgage loans and other commercial real estate debt, commercial mortgage-backed securities (CMBS) and other commercial real estate-re... web site url : http://www.crexusinvestment.com |
|  | CW Financial Services CW was founded in 1991 and has about 15 offices in the US. Fortress Investment Group acquired the company in 2010. The deal increased CW's financial strength and helped expand its lending platforms. C... web site url : http://www.cwcapital.com |
|  | Deerfield Capital Corp. Deerfield Capital Corp acquired Charlotte-based Nova Credit Investment Management in 2010; it now plans to merge with Commercial Industrial Finance Corp (CIFC), which has some $6 billion under managem... web site url : http://www.deerfieldcapital.com |
|  | Derbyshire Building Society The Derbyshire owns and operates some 50 offices in the UK. Burned by bad money-market investments and subprime mortgages, the company was taken over in late 2008 by Nationwide Building Society, the l... web site url : http://www.thederbyshire.co.uk/ |
|  | Doral Financial Corporation Doral Financial Corporation sells insurance products through Doral Insurance Agency. A group of institutional investors led by Irving Place Capital (formerly Bear Stearns Merchant Banking) owns 90% of... web site url : https://secure.doralbank.com |
|
| Be the first person to write a business review for Credit-Based Asset Servicing and Securitization LLC |
|
|
| India Resource Center |
» Free India Classifieds Introducing IndiaCatalog Free Classifieds. Post your free classified ads. Inviting Real Estate Agents, Travel Agents, Job Placement Agents and others to post their advertisements for free. |
» Global Web Directory Web directory listing of Global companies. Send enquiries to international companies. |
» India Yellow Pages Yellow Pages for Mumbai, Delhi, Bangalore, Chennai, Kolkota, Hyderabad, Pune and more Indian cites. |
» Photo Gallery This page provides you with links to images of India displaying Celebrities Photos,Automobiles Photos,latest Movies Photos,Sports Photos,Photos of Bollywood Stars and many more. |
|