PennyMac Financial Services Inc. announced Wednesday afternoon that it’s acquiring Cenlar Capital Corp., the country’s second-largest mortgage subservicer. The all-cash transaction includes an upfront purchase price of $172.5 million and up to $85 million of contingent consideration payable over three years. It’s the first mergers-and-acquisitions (M&A) deal in the history of Pennymac. Cenlar’s subservicing business…
"Şubat 12, 2026" Arşivleri
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Unison, one of the nation’s leading providers of home equity investments (HEIs), is facing a lawsuit from the National Association of Consumer Advocates (NACA), alleging that Unison deceptively markets its product as a “no-debt” home equity alternative. According to the complaint, Unison’s product functions similarly to a mortgage as homeowners receive an upfront cash advance…