ATLANTA, July 26, 2016 — FIG Partners served as broker for a $12 million sale of whole loan residential mortgages between two of its financial institution clients.
The loans consisted of a pool of residential 10-year and 15-year fixed-rate mortgages located in the Midwest. The portfolio was sold on a servicing retained basis.
FIG Partners began its whole loan trading platform in November 2014. FIG serves its clients with advisory and broker services on whole loan and other fixed-income and balance sheet management transactions.
To learn more about FIG Partners’ whole loan trading capabilities, visit www.figpartners.com.