Highlands Ranch

Latest Posts

Specialized Loan Servicing Gets New Owner after Terwin Default

Sep 15, 2008By

Do we have the first victim of servicing advances? Highlands Ranch, Colo.-based Specialized Loan Servicing said last week that Lexia LLC, a wholly-owned subsidiary of Tokyo-based Shinsei Bank, Ltd., had acquired an 82.35 percent equity interest in the company on Sept. 8. The bank took over the firm after a unit of former majority holder Terwin Holdings LLC had defaulted on its credit obligations in late July.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please