Tag Archives: BAC

Facebook Consolidates Its Credit Arrangements, Gets Flexible In Use Of Funds

Showing the opposite trajectory of Zynga, Facebook amended its credit arrangements with its bankers to provide additional flexibility in its use of the proceeds of the loans. The updated credit agreement provides for up to $6.5 billion in loans, and … Continue reading

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Is the Loan Servicing Industry Where Its At For Investors?

Walter Investment Management Corp. (WAC) has been on a tear since last August after limping along following a gentle decline from 2004 to 2007 and a steep fall in 2007 and 2008, along with the rest of the mortgage-related world. … Continue reading

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