Opteum Inc.
Latest Posts
Opteum Subsidiary to Sell Remaining Servicing Portfolio HW+
Jul 27, 2007Opteum Inc., whose mortgage banking troubles had served as a harbinger of larger trouble in the Alt-A lending market, said this morning that its subsidiary Orchid Island TRS, LLC has sold off “substantially all” of its remaining mortgage loan servicing portfolio — the last remaining piece of Opteum’s former mortgage operations.
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Opteum Completes Retail Origination Sale, Takes 70 Percent Haircut on Deal HW+
Jul 02, 2007 -
Opteum — Now Completely Out, And For a Song, Too HW+
May 07, 2007 -
Opteum to Exit Conduit and Wholesale Lending; Going Concern? HW+
Apr 20, 2007 -
Opteum Faces ‘Going Concern’ Allegations HW+
Mar 20, 2007 -
Opteum Loses $33.9 Million in Fourth Quarter; Trouble Brewing Outside of Subprime? HW+
Feb 15, 2007