Warehouse lenders stung by FGMC’s bankruptcy
Housing Wire
JULY 21, 2022
Recent pleadings filed in the bankruptcy case of First Guaranty Mortgage Corp. FGMC and its affiliate, Maverick II Holdings LLC , on June 30 filed to reorganize under Chapter 11 bankruptcy protection. Obligations to Customers Bank are further secured by a cash reserve account and related collateral,” Samples court pleadings add.
Let's personalize your content