Equifin Capital Partners, a private equity firm, is leading a group investing $125 million in a new residential mortgage investment firm, Residential Credit Solutions, said Renwick A. Paige, managing director of Equifin. RCS will invest in mortgage assets, including loan pools, servicing rights and securities. Dennis Stowe is CEO of Residential Credit; he was president and COO of Saxon Capital, a company that services underperforming mortgages. Other RCS executives are Mark Rogers, chief administrative officer, formerly executive vice president at Saxon Mortgage; and Robert Harry, CFO, formerly CFO at Walter Mortgage.
Equifin Capital Partners , a private equity firm, is leading a group...
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