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




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Summary: 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 todays 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.