Home Capital Group Inc., the Canadian mortgage lender bailed out by Warren Buffett’s Berkshire Hathaway Inc. in 2017, may be open to selling the riskier notes from its future residential mortgage-bond offerings.
Any such sale would be a first for a company that started its securitization program in 2019, Chief Financial Officer Brad Kotush said. Home Capital’s main unit sold earlier this month C$425 million ($341 million) of top-rated residential mortgage bonds from its Classic RMBS Trust, Bloomberg data show.
"selling" - Google News
October 19, 2021 at 07:30PM
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Home Capital Mulls Selling Riskier Parts of Future MBS Deals - Bloomberg
"selling" - Google News
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