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Altisource Residential lifts borrowing capacity to $200 million
By Tali Rackner
Norfolk, Va., May 15 – Altisource Residential Corp. increased the maximum funding capacity under its loan and security agreement with Nomura Corporate Funding Americas, LLC to $200 million from $100 million, according to an 8-K filing with the Securities and Exchange Commission.
The increase was made on May 12.
The real estate investment company is managed by Altisource Asset Management Corp., based in Frederiksted, Virgin Islands.
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