Apollo PK Air Management is seeing the launch of its sixth aviation loan securitization this month, raising an expected $890.9 million from the capital markets. Processing Content The transaction, PK ALIFT Loan Funding 9 will use the proceeds to buy a portfolio of 42 loan facilities, made up of 110 loans. A majority of them […]
PK ALIFT expected to raise $890.9 million in ABS Read More »
Robert “Bob” Murphy Jr., considered to be a pioneer in the growth of appraisal management companies, died on July 8. He was 83 years old, according to an online obituary. Processing Content Murphy was the co-founder of Lenders Service Inc., a forerunner of today’s ServiceLink, and a company which was considered to be the first
Bob Murphy, appraisal management company pioneer, dies Read More »
A minority shareholder at LoanDepot has called for the company to rethink its management and consider courting acquirers, citing concerns around a long period in which it has traded just above $1 per share. Processing Content Randian Capital also specifically recommended a new approach to the company’s mortgage servicing rights portfolio, which the company reported
Activist investor pushes LoanDepot to consider a sale Read More »