Bankrupt mortgage insurer The PMI Group is about to finalize its Chapter 11 reorganization plan.
Law360 says a Delaware bankruptcy judge accepted the firm’s reorganization plan and will sign off on it. The holding company for the mortgage insurer will end up paying creditors $200 million and will emerge as "a going concern," Law360 reported.
On today’s sponsored episode, Editor in Chief Sarah Wheeler talks with Donna Spencer, vice president of servicer relationship and performance management at Freddie Mac, to discuss their new Servicing Excellence initiative and the benefits for their partners. Related to this episode: Related to this episode: Servicing Excellence https://sf.freddiemac.com/articles/insights/servicing-excellence Forging a New Path: The Future of […]
