Sunday, 19 April 2015
Last updated 9 hours ago
Sep 24 2007 | 11:47am ET
Alternative investments giant Fortress Investment Group is cutting off its sub-prime pipeline just over a year after buying sub-prime lender Nationstar Mortgage.
Nationstar suspended new loan applications from brokers as of Friday. The decision does not affect the $10 billion in sub-prime loans the company services. Also, the company said any approved applications will be honored.
Fortress bought Dallas-based Nationstar last July from homebuilder Centex Corp.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…