New South Federal Savings Bank  
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Recent Transactions

New South originates all types of assets and readily has pools of high quality loans for sale. In most cases, New South will retain all servicing, giving the investor a market rate return, with virtually no overhead cost.

June, 2005

  • $48MM

December, 2003

  • $5.5MM Sale of Loans in Mexico

March, 2003

  • $9.0MM Whole Loan/90% Participation Bulk Sale

December 2002

  • $19.1MM Whole Loan/90% Participation Bulk Sale

November, 2002

  • $137.3MM New South Motor Vehicle Trust 2002-A

September, 2002

  • $3MM sale of 1st mortgage ARMs to a northeastern savings bank.

April, 2002

  • 3 separate sales of approximately $3MM each, 2nd mortgage ARMs, to 3 community banks.
  • $5MM commitment from a community bank, to participate in residential construction lending.

 

 


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