In a bankruptcy court filing, the retailer’s lenders said they are seeking to reorganize assets into a new company that can invest in new retail operating businesses.
A U.S. District Judge said the government’s seizure of all mortgage companies’ profits in January 2013 to recapture taxpayer-funded bailout money might have constituted a breach of faith.
With rising rates making it harder for homeowners to refinance, buyers of “scratch and dent” mortgage securities can end up holding them for longer than they wanted.
Amherst Holdings LLC, which owns or manages about 20,000 single-family rentals, is launching a subsidiary to purchase, renovate and resell properties, combining the home-flipping business with new features to simplify...
The firm sees the 1,300-unit property, known as Parker Towers, as an affordable option for renters seeking alternatives outside of Manhattan and in parts of Queens, such as Long Island City, where new construction and...