Highland Capital

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Another Hedge Fund Sets its Sights on Non-Performing Residential Mortgages

Mar 28, 2008By

If you work in default management, it’s time to cozy up to the idea that you may be answering to new boss sooner rather than later — as we’ve reported in the past, hedge funds are lining up on both sides of the mortgage market to snap up distressed mortgages or the securities backed by them.

3d rendering of a row of luxury townhouses along a street

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