The MountainView Mortgage Opportunities Funds invest in residential whole loans. The funds are managed by MountainView Management Company, which has analytical tools specifically for the secondary residential mortgage market.
Asset Management Expertise
- Clients are third-party investors seeking expertise with residential mortgage assets
- Help investors effectively deploy capital in non-securitized products for which investment information is not easily obtained
- Leverage MountainView’s industry relationships and loan sourcing and servicing capabilities
MountainView Mortgage Opportunities Fund
- Launched in July 2008 with approximately $78 million in capital commitments
- Focused on performing residential whole loans
- Closed in December 2009 after successfully meeting its investment objectives
MountainView Mortgage Opportunities Fund II
- Launched in December 2009 based on the success of MountainView Mortgage Opportunities Fund
- Has $91 million in capital commitments
- Invests in performing and distressed single-family residential mortgages, as well as REO property
- Seeks recovery on distressed loans through our special servicer’s loss-mitigation strategies
- Currently holds very few foreclosures and REO properties
- Completed 41 purchases, representing $21.6 million of unpaid principal balance, in 2011
- Purchased equity interest in FDIC pool, with $282 million of unpaid principal balance, in 2011