ResMAE Mortgage Corp., one of the largest subprime lenders during the recent housing boom, announced Friday afternoon that is has successfully exited the Chapter 11 bankruptcy reorganization process. ResMAE filed for bankruptcy protection in February and announced an agreement to sell certain assets of the company to affiliates of Citadel for $180 million in March.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio