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The deal must own at least eight assets, otherwise it will begin to use any excess cash to fully pay down the notes.
1h ago -
The Mortgage Bankers Association leader cited past objections on anti-competitive grounds as Trump administration officials showed signs of progress on reform.
2h ago -
According to media reports, Tricolor suspended operations and furloughed its staff, with plans to liquidate.
September 11 -
Origin Bancorp, Renasant Bank and Triumph Financial are the latest financial institutions to report exposure to the bankrupt auto lender Tricolor, joining a list that includes Fifth Third, Barclays and JPMorganChase.
September 11 -
Properties with default notices, scheduled auctions and REOs are up by double digits compared to last summer as buyers are mired in a high-cost environment.
September 11 -
The Consumer Financial Protection Bureau told its staff to expect an upcoming reduction in force because the agency's budget was cut in half by the president's recently passed tax and budget bill.
September 11
February 12, 2024, 1:53 p.m. EST 1 Min Read
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