TITLE

Deutsche in the Hunt for Subprime

AUTHOR(S)
Muolo, Paul
PUB. DATE
February 2006
SOURCE
National Mortgage News;2/13/2006, Vol. 30 Issue 19, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Deutsche Bank AG has caught Wall Street's fever for subprime lending and is in the hunt for a production franchise in New York City. It offers information about the trading positions of the bank and mortgage trading desk in New York. The author implies that investment banking firms have taken an all-encompassion approach to the subprime market, acting as both warehouse financers and securitizers.
ACCESSION #
19757227

 

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