PURE Teams Up with Swabplus to Tackle China
Much like most hedge fund managers with investment strategies in the home loan space, I am very ready to head home on this “Terrible Thursday.” Red is definitely the color of the day with the Dow losing almost 400 points to post the second worse day of the year. A good friend of mine who is also a hedge fund manager tells me this is only the beginning of more bad days to come. I mean take two of the big examples of the week with Luminent Mortgage Capital, a real estate investment trust (REIT), invests primarily in the United…