TITLE

Enhance Financial Services Group Sells Its Stake in C-BASS

AUTHOR(S)
Carpenter-Kasprzak, Sheri
PUB. DATE
October 2000
SOURCE
Bond Buyer;10/02/2000, Vol. 334 Issue 30987, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on primary-market bond insurer Enhance Financial Services Group Inc.'s sale of its stake in Credit-Asset Servicing and Securitization (C-BASS) to Residential Funding Corp. Purchase price; Specialization of C-BASS in purchasing, holding and servicing credit-impaired residential mortgage loan securitizations; Impact of news of the sale on Enhance's stock market performance.
ACCESSION #
3645878

 

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