C-BASSCredit-Based Asset Servicing and Securitization
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"Because we want to observe at these longer wavelengths, the C-BASS telescope has to be much bigger than the telescope on Planck.
In order to observe the entire sky, C-BASS needs to use two different telescopes, one in the northern hemisphere and one in the southern hemisphere.
C-BASS is the latest in a long line of efforts to measure the properties of the oldest light in the universe, the Cosmic Microwave Background (CMB).
Both the C-BASS telescopes, north and south, were originally built to communicate with satellites, and have been adapted by the C-BASS team to look into deep space.
As a result of the transaction, Fieldstone will cease to be publicly traded and, accordingly, will no longer be listed on the NASDAQ Global Market, according to Noelle Savarese, senior managing director and co-head of capital markets at C-BASS.
"We are pleased to welcome Fieldstone into the C-BASS family of companies and believe the acquisition will complement our existing business lines," said Savarese.
On the other hand, Mark Bilodeau, chief information officer for C-BASS, New York, cautions servicing professionals not to get too enthralled with the potential of online servicing activities.
Shook has been named vice president in the Irvine, California, office of New York-based C-BASS. Michael C.
C-BASS, NEW YORK, HAS ANNOUNCED THAT Moody's Investors Service, New York, has assigned its first rating in the new Servicer Quality Rating (SQ) Series to its servicing subsidiary, Litton Loan Servicing LP.
Additionally, MGIC owns 48 percent of New York-based C-BASS, a four-year-old firm that acquires, services and securitizes troubled home loans.