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Lewis Braham: Where A Top Performing Mortgage Fund Is Finding Values Now: (CLMAX)
FYI: Remember all those creeps, ahem, “lenders” who made a fortune securitizing and selling subprime mortgage loans they knew would probably default? Turns out that some of the debt they sold didn’t go bust, and other investors—and, in certain instances, some of the same creeps—have made a killing on that debt by buying it for pennies on the dollar of its liquidation value since the 2008 crash. Regards, Ted https://www.barrons.com/articles/columbia-mortgage-opportunities-posts-strong-returns-with-diversified-portfolio-51555590601?refsec=funds
