Stone Hill & Co. http://stonehillco.com Wed, 21 Sep 2011 05:12:15 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Stone Hill Responds to FHFA Request for Information http://stonehillco.com/stone-hill-responds-to-fhfa-request-for-information/ http://stonehillco.com/stone-hill-responds-to-fhfa-request-for-information/#comments Thu, 15 Sep 2011 04:22:29 +0000 admin http://stonehillco.com/?p=167 The Federal Housing Finance Agency (FHFA), in consultation with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), issued a Request for Information (RFI) on August 10th, 2011 to solicit ideas for sales, joint ventures, or other strategies to enhance Real Estate-Owned (REO) asset disposition programs of Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA). In response to the request Stone Hill & Co. has submitted a disposition strategy to assist in augmenting financial relief to the above mentioned financial institutions.

]]> The Federal Housing Finance Agency (FHFA), in consultation with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), issued a Request for Information (RFI) on August 10th, 2011 to solicit ideas for sales, joint ventures, or other strategies to enhance Real Estate-Owned (REO) asset disposition programs of Fannie Mae, Freddie Mac and the Federal Housing Administration (FHA). In response to the request Stone Hill & Co. has submitted a disposition strategy to assist in augmenting financial relief to the above mentioned financial institutions.

]]> http://stonehillco.com/stone-hill-responds-to-fhfa-request-for-information/feed/ 0 Stone Hill focuses on Distressed Mortgage Loans http://stonehillco.com/stone-hill-focuses-on-distressed-mortgage-loans/ http://stonehillco.com/stone-hill-focuses-on-distressed-mortgage-loans/#comments Fri, 29 Jul 2011 04:22:51 +0000 admin http://stonehillco.com/?p=169 Stone Hill & Company executives decided on Friday that it will shift its investment focus from REO assets to the acquisition of distressed mortgage loans. This change is a result of the shrinking inventory of REO assets within the bulk REO arena.

Stone Hill & Company will focus on acquisitions of assets from community, regional, and national banks throughout the United States and is estimated to acquire and dispose of approximately 1,200 – 1,500 distressed assets ($125mm in UPB value) in the upcoming year.

]]> Stone Hill & Company executives decided on Friday that it will shift its investment focus from REO assets to the acquisition of distressed mortgage loans. This change is a result of the shrinking inventory of REO assets within the bulk REO arena.

Stone Hill & Company will focus on acquisitions of assets from community, regional, and national banks throughout the United States and is estimated to acquire and dispose of approximately 1,200 – 1,500 distressed assets ($125mm in UPB value) in the upcoming year.

]]> http://stonehillco.com/stone-hill-focuses-on-distressed-mortgage-loans/feed/ 0