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Tricolor investors are suing Tricolor securitization trustee Wilmington Trust and its backup servicer Vervent for alleged negligence in not preventing fraud and not allowing securitizations to default. The complaint, filed on Jan. 12 in the New York County Supreme Court, alleges Wilmington Trust was negligent in verifying Tricolor’s loan data and, in part, allowed “Tricolor’s […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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David Thompson
David Thompson
David Thompson
