C-BASS: C-BASS Completes $399 Million REMIC, C-BASS Series 2005-CB5
5th Sep 2005, 15:30 GMT
NEW YORK, NY (MARKET WIRE) C-BASS, the established leader in servicing and securitizing credit-sensitive residential mortgages, and an affiliate of MGIC (NYSE: MTG) and Radian Group Inc. (NYSE: RDN), today announced that on August 30, 2005 it closed on a transaction backed by approximately $431,000,000 of residential mortgage collateral. Banc of America Securities LLC and Barclays Capital underwrote the approximately $398,812,000 of investment grade certificates. The publicly issued
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