March 30, 2017- Sortis Holdings Inc. (SOHI) has acquired ClearSpring Loan Services, a special servicer headquartered in Dallas, Texas. ClearSpring has more than $2 billion in assets under management and is a currently vendor for top-tier banks, hedge funds, private investors and government-sponsored enterprises. The company is licensed as a servicer, lender and debt collector.Read more
January 6, 2017- Merchants Bancorp and its wholly owned subsidiary MBank has completed the sale of its’ banking assets to Riverview Community Bank. Riverview has acquired approximately $116 million in assets from Merchants Bancorp. The three MBank branch offices, in Gresham, Portland and Lake Grove, will become Riverview branches when the transaction closes. Subsequent toRead more
Concerts Are New Arenas’ Main Attraction, Rather Than Sports
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So apparently, many of you have been doing some shopping. Consumer spending is boosting the U.S. economy. And yet, several major retail chains are closing stores or even filing for bankruptcy...