PennyMac, Led by Ex-Countrywide Head, Sees Promise in Bad Loans (Bloomberg)8 Jan 2009
Jan. 8 (Bloomberg) -- Stanford Kurland, the former Countrywide Financial Corp. president, says his new company’s purchase of $558 million in home loans issued by a failed Nevada bank will be a springboard for further growth. ...more

PennyMac buys mortgage portfolio via FDIC deal (eFinancial News)8 Jan 2009
PennyMac, a company formed last year by fund manager BlackRock and investment firm Highfields Capital Management, has purchased a $558m (€408m) residential mortgage portfolio from a failed bank, which is further evidence that private equity has shifted investments to the ailing financial sector. ...more

PennyMac, Led by Ex-Countrywide Head, Buys FDIC Loans (Update3) (Bloomberg)8 Jan 2009
Jan. 7 (Bloomberg) -- Private National Mortgage Acceptance Company LLC , an investor in troubled mortgages run by a former president of Countrywide Financial Corp., bought $558 million of home loans that the Federal Deposit Insurance Corp. acquired last year after First National Bank of Nevada collapsed. ...more

Investors buy $558 million in mortgages from FDIC (Washington Post)8 Jan 2009
WASHINGTON -- A group of private investors including former executives of Countrywide Financial Corp. has purchased $558 million in home mortgages from the government in a deal involving assets of the failed First National Bank of Nevada, the investors announced Wednesday. ...more

.: Highfields Capital :.
This site is solely for the use of financial intermediaries, vendors, brokers and companies in which Highfields Capital invests. This website is not for use by investors. By ... read all

BlackRock and Highfields Capital Management launch new company ...
BlackRock, an investment management firm, and Highfields Capital Management have sponsored a new company, Private National Mortgage Acceptance that will acquire and restructure ... read all

StreetInsider.com - Highfields Capital Accumulates 5.7% Stake in ...
More News related to MRB. Shareholders of Metallica Resources, New Gold and Peak Gold Approve US$1.6 Billion Business Combination; Shareholders of Metallica Resources, New Gold and ... read all

StreetInsider.com - First American (FAF) Announces Appointment of Five ...
First American (FAF) Announces Appointment of Five Directors Recommended by Highfields Capital Management read all

Highfields Capital Management, LP: Private Company Information ...
Get Highfields Capital Management, LP company research & investing information. Find executive management and the latest company developments. read all

Highfields Capital Management Portfolio - Stockpickr! Your Source for ...
8.3 billion dollar hedge fund based in Boston. New positions: LM, WAG As of 12-31-07 filing ... read all

Eastern Real Estate and Highfields Capital Management Form $1 Billion ...
Eastern Real Estate and Highfields Capital Management Form $1 Billion Joint Venture To Acquire Commercial Real Estate Debt and read all

CORRECTING and REPLACING Eastern Real Estate and Highfields Capital ...
CORRECTING and REPLACING Eastern Real Estate and Highfields Capital Management Form $1 Billion Joint Venture To Acquire Commercial Real Estate Debt and Equity. - BOSTON--(BUSINESS ... read all

Eastern Real Estate and Highfields Capital Management Form $1 Billion ...
Eastern Real Estate and Highfields Capital Management Form $1 Billion Joint Venture To Acquire Commercial Real Estate Debt and Equity from Business Wire in Business provided free ... read all

Highfields Capital Management - Tag Story Index - USATODAY.com
USATODAY.com Latest News ... Stanford Kurland spent nearly three decades helping build Countrywide Financial Corp. into the nation's largest mortgage lender. read all