• Residential mortgage exchange MAXEX raises $38 million

    2 monthes ago - By Biz Journals

    MAXEX LLC, an Atlanta-based residential mortgage loan exchange provider, said Monday it has closed a $38 million new funding round led by Moore Asset Backed Fund, LP, an investment fund managed by Erik Siegel of Moore Capital Management LP.
    MAXEX operates a multi-seller to multi-buyer residential mortgage exchange that could be used by thousands of institutions nationwide that buy and sell residential mortgage loans in the secondary market. MAXEX says its technology will revolutionize...
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  • Third Point Re CEO: Hedge-Fund Backed Reinsurers Face Rugged Investment Environment

    Third Point Re CEO: Hedge-Fund Backed Reinsurers Face Rugged Investment Environment

    2 monthes ago - By A.M. Best

    Hedge-fund backed reinsurers that rely less on underwriting risk and
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