TITLE

Barclays HomeEq Buy Caps ABS Integration Trend

AUTHOR(S)
Hahn, Avital Louria
PUB. DATE
July 2006
SOURCE
Investment Dealers' Digest;7/3/2006, Vol. 72 Issue 26, p30
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports Barclays Bank's acquisition of Wachovia's mortgage servicing business HomEq Servicing will help bolster its standing in the asset-backed securities league tables. It has taken the first step toward building an integrated mortgage business, which is the way other banks have already done. According to Barclays Capital co-president Grant Kvalheim, the deal will improve its ability to price deals, manage risk, and expand its list of counterparties.
ACCESSION #
21558040

 

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