0 minute readMetacapital Management, the hedge-fund firm run by former Lehman Brothers Holdings mortgage-bond trader Deepak Narula, returned 28% in the first half of this year, boosted by government-backed debt that benefits from limited homeowner refinancing. Now the New York-based firm is seeking to protect against one of the “biggest” risks in the $5.2trn market for agency mortgage bonds, Narula wrote in a July 22 letter to investors.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Taylor Morrison names Mike Carlo Sarasota division president
Taylor Morrison appointed Mike Carlo president of its Sarasota division, citing his 25-plus years in homebuilding. The division operates 7 communities and plans 2 Esplanade additions, including Wellen Park and Cammaray in Lakewood Ranch.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
