Items Tagged with 'WL Ross'


  • Trump chooses Wilbur Ross as Commerce secretary

    Nominee has long history in housing business
    Steve Mnuchin, President-elect Donald Trump’s choice to lead the Department of the Treasury, has a long history in the housing business, but Mnuchin isn’t the only one of Trump’s latest appointments to boast such a history. Trump also announced that he chose Wilbur Ross to serve lead the Department of Commerce. Here's a look at Ross' history in housing.
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  • Wilbur Ross quits Ocwen Financial

    Distressed asset investor bringing his magic to Bank of Cyprus
    Wilbur Ross, the high-risk turnaround exec famous for charging into metaphoric burning buildings of European financial institutions, is leaving Ocwen Financial and several other companies where he serves as a director.
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  • American Home Mortgage Servicing Ratings Upgraded

    Fitch Ratings said Monday that it had upgraded the servicer ratings of American Home Mortgage Servicing, the servicing arm tied to now-bankrupt lender American Home Mortgage. Fitch said it moved servicer ratings at AHMS to 'RPS3-' from a previous rating of 'RPS4' for the company's prime, Alt-A, and HE/HELOC mortgage servicing operations.
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