Required credit score
Required deal experience
12% to 18%
Varies per borrower
675 Berkmar Court, Charlottesville, VA 22901
Anglo finances mortgaged-backed securities and treasuries for customers which include banks, brokerage firms, and arbitrageurs and the total outstanding has exceeded $5 billion on many occasions. After the demise of Drexel Burnham in 1990, Anglo-American started buying defaulted debt issues of public companies when it was possible through careful analysis to determine that the senior securities were substantially over collateralized. While the collateral for the debt in some cases has included airplanes, steel plants, and retail stores, most of the time the loans have been collateralized by real estate.
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