Waterfall Asset Management Signs Letter Of Intent With Onity Group For Acquisition Of Reverse Mortgage Assets From Mortgage Assets Management
Portfolio Pulse from Benzinga Newsdesk
Waterfall Asset Management has signed a letter of intent with Onity Group to acquire reverse mortgage assets from Mortgage Assets Management.
August 13, 2024 | 12:42 pm
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Onity Group is involved in a significant acquisition deal with Waterfall Asset Management for reverse mortgage assets from Mortgage Assets Management.
The acquisition deal is likely to positively impact Onity Group's stock in the short term as it expands its asset base and potentially enhances its financial position.
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