Blackstone Buys Superyacht and Marina Servicer for $5.65 Billion
A unit of Blackstone Inc. agreed to acquire a marina and yacht servicing business for $5.65 billion in a bet on US boaters.
Hosted on MSN9mon
Your Mortgage Servicer Is Changing: Why This Matters and What to Do
This happens on the secondary mortgage market. This practice of selling home loans to a new mortgage servicer is fairly common. By some estimates, 30% to 50% of people with a mortgage will get ...
Commercial Observer4d
Midtown’s Hilton Garden Inn’s $175M CMBS Loan Enters Special Servicing
A $175 million commercial mortgage-backed securities loan securing Manhattan's Hilton Garden Inn has once again hit special ...
Investing3d
Student loan forecast error corrected by master servicer
The Secretary of State for Education, acting as the master servicer (the "Master Servicer"), discovered that the earnings history of certain borrowers who had fully repaid their loans and had ...
asreport.americanbanker4d
SoFi Bank's pool of unsecured consumer loans supports $697.6 million
While SoFi uses a third-party servicer for both of those product types, it services its entire consumer loan portfolio.