The partnership between Atlas Merchant Capital and A&D Mortgage aims to expand A&D's $7 billion mortgage securitization platform, tapping into internal and third-party capital sources to purchase and securitize loans.
Bob Diamond, co-founder and CEO of Atlas Merchant Capital, remarked on the partnership's timing, stating that the mortgage market's improving tone presents a significant opportunity for growth in asset classes.
David Schamis highlighted the increasing opportunities in the residential mortgage sector as commercial banks detach themselves from these loans, underscoring a favorable environment for private credit.
Having closed its first residential mortgage-backed securities deal with a total of $370 million in mortgage collateral, this joint venture marks a pivotal moment for A&D and Atlas.
#mortgage-securitization #joint-venture #atlas-merchant-capital #ad-mortgage #residential-mortgage-backed-securities
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