CrossCountry HoldCo, the parent company of a large retail mortgage company, will expand its asset management arm through partnerships with an Ares Alternative Credit fund and Hildene Capital Management, among others. The asset management unit, CrossCountry Capital, will also expand its non-qualified mortgage investment platform and add complementary asset classes, such as residential transition loans, […]

Kent Nishimura/Bloomberg Key insight: The Trump administration is asking the highest court in the nation to remove barriers from ousting Federal Reserve Gov. Lisa Cook before litigation proceeds. Expert quote: “This court should stay the district court’s deeply flawed preliminary injunction and should grant an immediate administrative stay,” — U.S. Solicitor General John Sauer. What’s