By Carrie Bay | 09/01/2011
MountainView Servicing Group announced Wednesday that it has been retained as the exclusive sale advisor for a $485 million Fannie Mae servicing portfolio. Ninety-nine percent of the portfolio consists of fixed-rate loans, primarily located in Illinois. The delinquency rate of the portfolio is 2.21 percent. MountainView is also marketing a $45 million portfolio of Ginnie Mae servicing rights.
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By Carrie Bay | 04/18/2011
MountainView Capital Holdings has announced the hiring of Robert Wellerstein as a managing director in its mortgage and fixed income sales and trading units. Wellerstein is an industry veteran with a broad range of experience in sales and trading of mortgage loans, mortgage servicing rights, and fixed income securities. He joins MountainView from Banc of Manhattan Capital, after 17 years with Countrywide Securities Corporation.
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By Gerry Smith | 10/21/2010
MountainView Capital Holdings, a provider of financial services for institutions participating in the mortgage and fixed income capital markets, has announced the formation of MountainView Portfolio Analytics, a business unit specializing in valuation of residential whole loans, securitized loans, and REO. The company has been providing valuation services for over 20 years but says it decided to create a separate business unit due to increased market demand.
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By Alison Rich | 09/23/2010
Capital Markets Cooperative, a partnership of residential mortgage originators, has announced a strategic alliance with loan trader MountainView Capital Group. The collaboration will provide CMC members with an outlet for loans rejected by large investors and aggregators. CMC plans to formally present the Loan Purchase Program to its members during a conference call early next month.
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By Carrie Bay | 09/02/2010
MountainView Capital Holdings recently announced that it has acquired the fixed income broker-dealer arm of the bankrupt commercial real estate lender Capmark Financial Group. Capmark sold off its North American loan origination and servicing businesses to Berkadia Commercial Mortgage at the end of last year, and its real estate equity advisory subsidiary, Capmark Investments, to Trecap Partners in March 2010.
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