BNP US Funding LLC

BNP US Funding LLC engages in acquiring, holding, and managing debt instruments consisting of mortgage obligations. Its portfolio comprises securities backed only by mortgages with adjustable rates that reset annually at a given rate plus a net margin; securities backed by mortgages with a fixed rate for a specified period of time; unsubordinated debentures which bear interest at a fixed rate and are not redeemable by the issuer prior to maturity; and securities backed by fixed rate loans on multifamily properties. The company was founded in 1997 and is based in New York, New York. BNP US Funding LLC operates as a subsidiary of BNP Paribas North America, Inc.