ZAIS Financial Corp. Announces $100M Credit Suisse Loan Repo Facility
ZAIS Financial Corp. (NYSE: ZFC) ("ZAIS Financial" or the "Company") today announced that it has closed a $100 million committed financing facility for the purchase of residential whole loans. The facility is in the form of a Master Repurchase Agreement with Credit Suisse First Boston Mortgage Capital LLC.
"We are pleased to have expanded our whole loan financing capacity which enables us to further advance our residential mortgage loan strategy," said Michael Szymanski, President of ZAIS Financial.
The Company will file a
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.