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Non-Prime Lending Comeback, Citadel Raises $200mm – May 01,2013

[ca_audio url_mp3='http://blogtalk.vo.llnwd.net/o23/show/4/657/show_4657257.mp3' css_class='codeart-google-mp3-player' autoplay='false' download='false' html5='false']Dan Perl, Chairman & CEO of Citadel Servicing Corporation & Managing Investment Partner for CMMI, LLC leads the charge back into non-prime lending. As recently featured in the LA Times, Dan discusses the proof of concept and capital raise phase as well as defines today's non-prime lending landscape, the market size and his path to the first private securitzation. Like Redwood taking the lead on private jumbo secruitization, watch for Dan/Citadel to pave the way for others in the non-prime market.
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