Participating Lender News Today

Governor Dan McKee announced that over 1300 Rhode Islanders have received support from the state’s Statewide Down Payment Assistance Program

On June 6, 2023, the US Bankruptcy Court for the Southern District of Texas (the "Court") confirmed Serta Simmons Bedding, LLC's ("Serta") Chapter 11 plan and held that Serta's 2020...

Serta Simmons Bedding, LLC’s (“Serta”) chapter 11 reorganization plan has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas in its June 6, 2023 decision....

A common yet contentious liability management strategy is an “uptier” transaction, where lenders holding a majority of loans or notes under a financing agreement seek to elevate or...

A recent decision in the Serta Simmons Bedding, LLC (Serta) saga provides valuable insights into the viability of non-pro rata uptier exchange transactions and may embolden minority lenders...

LO Jobs; Lead Gen, Servicing Risk, Presentation, DPA, Valuation Tools; M&A Firestorm; Housing Remains Resilient Apr 28 2021, 8:27AM There sure is a lot going on out there! From California comes news that Finance of America is buying “certain assets” from California’s Parkside Lending, and Thrive Mortgage LLC. In-person conference news continues to increase. MBAG’s event is in a few weeks, complete with a live mPower event (contact MBA COO Marcia Davies with qu...

Recruiting, Training, MLO, AE Jobs; DPA, Tech Products; Principals and Attorneys Weigh in on Wholesale Tumult; Strong Jobs Data! Mar 5 2021, 8:40AM In the legal field, virtual litigation is thought to be here to stay, vaccine or no vaccine. And as the pandemic continues, and remote hiring continues for lenders, CEOs, owners, and managers are grappling with the thought of having scattered workforces going forward, and there will be no, “Okay, everyone back to the off...