Ownit Mortgage Solutions Inc. says it found a way to deal with the nonprime mortgage market’s current challenges while avoiding the hurdles that bank-owned and public nonprime lenders face: a ...
The demise of Ownit Holdings LLC shows that even with Wall Street and private-equity firms hunting for bargains, in today's brutal subprime market some companies are not even salvalgeable as ...
We’ve all seen a product on social media that looks interesting, so you click the “shop now” button and are taken over to a new site. But wait, you weren’t finished on the social media site, and when ...
Ownit Commerce Inc. is betting the release of its new Connected Checkout service will give direct-to-consumer brands the ability to improve conversion rates by embedding Connected Checkout links ...
Ownit Mortgage Solutions’ recent announcement that it was closing its doors will not have an immediate substantial impact on associated securitizations involving the now-defunct originator, although ...
Ownit Mortgage Solutions Inc. of Agoura Hills, which shut down abruptly early this month, has filed for bankruptcy protection, saying it owes more than $165 million to Merrill Lynch & Co. and other ...
Ownit Mortgage Solutions, an Agoura Hills-based wholesale lender, has ceased operations and laid off 800 employees nationwide, part of the shakeout in the sub-prime lending business. One employee, ...
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