Capital markets

Its affiliation with Apollo Global Management frees the company from having to rely on a securitization strategy.

The chattel financing firm's cash infusion is in addition to a $15.5 million venture round in 2022 and a Series A earlier this year.

The proposal would bring companies cited for civil enforcement actions under its scope to bar them from doing business with the government-sponsored enterprises.

Churchill Funding is accusing Easy Financial of reneging on a master purchase agreement both companies signed in 2020.

The new review requirements are set to go into effect in mid-September and will replace temporary guidance put in place following a 2021 building collapse.

This agreement comes approximately one month after the REIT agreed to buy Arlington Asset Investment.

High vacancy rates in U.S. office markets and the impact of rising interest rates on property values in Europe have prompted a brutal selloff in publicly traded real estate stocks and bonds.

A subsidiary pushed its tender offer to buy outstanding shares by June 27 further out after a small percentage of stockholders failed to accept by the original expiration date.

Nonbanks in home lending rely heavily on this type of funding and are carefully watching rules for depositories that offer it as the industry consolidates.

Over one-third of the struggling borrowers who received recast loan terms in the first quarter cut their monthly obligation by 20% or more.