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RAIT Financial Trust Message Board

  • ethison ethison Apr 4, 2013 8:15 PM Flag

    RSO securitization

    In their press release announcing the increase and term extension of a $250 million line from Wells Fargo, RSO mentioned that they are preparing to use the securitization market to match fund their borrowings and the assets they originate. Davis, you may be right about Ras's plans.......I hope so. I just looked up the deals that Arbor securitized. It looks like they were able to borrow about 70% against the collateral. If RAS were able to do the same with the 100 million they had at year end plus the 70 million they just raised, they would be able to do a 567 million securitization...................wow!!!! Not likely they would do all in one deal, maybe some for Bridge and some for other........but it is likely they could do it all by the end of the third quarter if they were honest about the size of the loan backlog..........

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