Most recently hailed as the creator of the newly formed securities known as Diversified Asset Securitization Holdings (DASH) - the first collateralized debt obligations to be entirely backed by lower-rated ABS - Asset Allocation & Management Co. is destined to be a driving force in the asset-backed securities and commercial mortgaged-backed securities markets going forward.

Moreover, AAM is now selectively buying the lower classes of a deal that Constellation Financial Management Company is bringing to the market.

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