Finance

Cavco Announces Palm Harbor Asset Purchase Agreement

Cavco Industries announced Monday that Fleetwood Homes, Inc., a subsidiary owned 50 percent by Cavco and 50 percent by Third Avenue Value Fund, has entered into an agreement with Palm Harbor Homes to provide debtor-in-possession (DIP) financing to Palm Harbor and certain of its subsidiaries during the reorganization of Palm …

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Centerbridge Said to Seek $1 Billion for Green Tree Servicing

Bloomberg reported recently that Centerbridge Capital Partners LLC is seeking to sell Green Tree Servicing LLC, the loan servicer it acquired in 2007, for about $1 billion. According to the report, Morgan Stanley is running the sale and has contacted private-equity firms and potential strategic buyers about purchasing Green Tree. …

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Get Community Financing at the Louisville MH Show

Industry veteran Edward ‘Eddie’ Hicks, Lic. RE Broker, Lic. Mortgage Broker, is presenting his FHA 207(m) Private Financing Loan Guarantee Seminar at the 2011 Louisville Manufactured Home Show, 1-5 p.m. Thursday, Jan 13th, 2011. See what his plan for financing or refi on your community can do for YOU! Don’t …

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