The timeshare operator is facing multiple lawsuits over its business practices, and they are starting to impact investors in loans that the company makes to members.
More From Asset Securitization Report
Fed will drop one interest rate vote next year; two in 2028
Federal Reserve Chair Kevin Warsh said the Federal Open Market Committee will continue to meet eight times a year, but one such meeting will not include an interest rate vote or an official policy statement.
America’s Car-Mart in talks for sale as subprime auto struggles
Discussions center around a deal that would be executed through a court-supervised Chapter 11 sale process or via a shareholder vote.
Rocket, United Wholesale Mortgage add new members to c-suite
NEXA Lending also welcomed Andrew Deyo as leader of its Business Development Marketing program, and Flyhomes added three members to its leadership team.
Elmwood: Liability management exercises remain top CLO issue
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
By
John Hintze
Warsh: Rising bond yields a sign of strong U.S. economy
Federal Reserve Chair Kevin Warsh framed the central bank's move to increase interest rates as a moderate adjustment to rapid economic growth during his post-Federal Open Market Committee press conference.
