CrossCountry Mortgage (CCM) filed a motion last week as it seeks to intervene in the criminal case against former loan officer Christopher Gallo, and to vacate a November court order that blocked the company’s arbitration claim against the former employee. National Mortgage News first reported the legal action. According to the Dec. 3 filing, the […]
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Blue Owl Capital announced Tuesday that it’s making a $2.5 billion commitment in funds it manages to home equity investment (HEI) platform Point. The newss comes just one month after the companies issued the largest securitization ever completed in the HEI space. The new capital will allow Palo Alto, California-based Point to originate about $10
Blue Owl funds commit $2.5B to Point for home equity investments Read More »
A week after settling a lawsuit with rental property management company Greystar, it appears the Federal Trade Commission’s (FTC) involvement in the rental property management space is not waning. On Tuesday, the government regulator announced that it had sent letters to 13 property management software providers nationwide warning them that they may be violating the
FTC issues warnings to rental software firms on price transparency Read More »