Investment Firm Taking Stake in Guaranteed Rate

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An investment firm with interests in firms like Black Knight Inc., ServiceLink Holdings LLC and Ten-X LLC is taking a stake in Guaranteed Rate Inc.

Chicago-based Guaranteed Rate announced Thursday that it has reached an agreement to sell a material interest in the company to a private-equity firm.

While some of the proceeds will be used to repurchase shares from existing shareholders, Guaranteed Rate plans to use the remainder for general corporate purposes.


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Investment Firm Taking Stake in Guaranteed Rate

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Ocwen Agrees to Settlement With Investor

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A settlement has been reached between Ocwen Financial Corp. and an investment fund that is located in the Northeast.

The lawsuit was originally filed against the Palm Beach, Florida-based company in a federal court during January 2016.

According to the complaint, the plaintiff alleged it had invested hundreds of millions of dollars in shares of Ocwen based on “false and materially misleading statements.”


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Investment Firm Acquires Wholesale Mortgage Lender

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A private investment firm has has taken an interest in a Silicon Valley wholesale mortgage lender, enabling a geographic expansion and entry into new lending channels.

Eli Global LLC bills itself as a privately held investment company that has accumulated a portfolio of more than 50 independent businesses.

Among the industries targeted by the Durham, North Carolina-based firm are billing services, collection services and software-as-a-service technology.


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Kip Meadows of Nottingham – An Industry Leader of the Investment Advisory Sector

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Kip Meadows started Nottingham more than 30 years ago to serve the accounting, administration, organization, and management needs of clients nationwide

ROCKY MOUNT, NORTH CAROLINA, UNITED STATES, July 27, 2017 /EINPresswire.com/ — Because of the …

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Kip Meadows of Nottingham – An Industry Leader of the Investment Advisory Sector

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BofA Investment a Windfall for Warren Buffett

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Billionaire Warren Buffett’s company is exercising Bank of America Corp. warrants that will work out to a paper profit of $12 billion.

Buffett’s firm, Berkshire Hathaway Inc., in 2011 invested $5 billion in the Charlotte, North Carolina-based financial institution.

At the time, BofA’s shares were in danger of falling below $6 as investors worried about its ability to meet regulatory capital requirements.


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BofA Investment a Windfall for Warren Buffett

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Royal Bank of Scotland makes a loss for ninth straight year

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… anticipated fines for misselling of sub-prime mortgage linked investments before 2007, which …

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Royal Bank of Scotland makes a loss for ninth straight year

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VFW Post 1093 Announces MassChallenge will Host the VetToCEO Pitch Competition & EBSCO Award Event

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Vetrepreneurship business plan competition event will be held March 8th at Mass Challenge in Boston

IPSWICH, MA, USA, February 22, 2017 /EINPresswire.com/ — VFW Post 1093 announced today that the current VetToCEO vetrepreneurship program will conclude …

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VFW Post 1093 Announces MassChallenge will Host the VetToCEO Pitch Competition & EBSCO Award Event

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Seoul Metropolitan Government Successfully Completes Inaugural Seoul China Investment Week

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The Seoul Metropolitan Government (SMG) hosted the Seoul China Investment Week 2016 for Korean businesses

SEOUL, REPUBLIC OF KOREA , November 21, 2016 /EINPresswire.com/ — The Seoul Metropolitan Government (SMG) hosted the Seoul China Investment Week …

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Star Mountain Capital CEO Brett Hickey to Speak at NYSSA’s Private Credit Trends & Outlook Event

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The NYSSA has been a leading forum for the investment industry since 1937 and is the largest CFA society in the United States with over 9,000 members

NEW YORK, NY, USA, November 17, 2016 /EINPresswire.com/ — Brett Hickey, Founder and Chief Executive …

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Star Mountain Capital CEO Brett Hickey to Speak at NYSSA’s Private Credit Trends & Outlook Event

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Star Mountain Capital CEO Brett Hickey to Speak at NYSSA’s Private Credit Trends & Outlook Event

Author:  //  Category: Mortgage

The NYSSA has been a leading forum for the investment industry since 1937 and is the largest CFA society in the United States with over 9,000 members

NEW YORK, NY, USA, November 17, 2016 /EINPresswire.com/ — Brett Hickey, Founder and Chief Executive …

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Star Mountain Capital CEO Brett Hickey to Speak at NYSSA’s Private Credit Trends & Outlook Event

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