ATLANTA, August 25, 2016 — FIG Partners served as broker for a $13 million sale of whole loan residential mortgages between two of its financial institution clients.
The loans consisted of a pool of residential hybrid adjustable rate mortgages (ARMs) located in the Southeast. The portfolio was sold on a servicing released basis.
FIG Partners’ Senior Vice President and Head of Whole Loan Trading, Amy Boothe-Fuentes, was responsible for the transaction.
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.