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Besides the investment, Citi was also the sole bookrunner on Vontive's first-ever securitization, made up of $150 million of residential transition loans.
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The company anticipates a $139.8 million contingency liability and nearly $60 million related expense in a court battle with Pine River Capital Management.
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The regulator has postponed the building code in question, but is otherwise battling the challenge raised during the Biden administration.
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Uncover the key reasons why lenders should care about liner failures and how environmental risks can derail loan performance when ignored during review.
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Rocket Companies and Mesa have both launched credit cards geared that offer homeowners perks and points for paying their mortgage and buying housing-related items.
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Proprietary reverse loans are typically available to a larger range of borrowers and come with higher loan limits than the Home Equity Conversion Mortgage.
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April 25, 2023, 7:26 a.m. EDT 1 Min Read
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