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KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2025-7 (AOMT 2025-7)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed certificates from Angel Oak Mortgage Trust 2025-7 (AOMT 2025-7), a $350.2 million non-prime RMBS transaction. The underlying collateral, comprised of 722 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. All the loans are either classified as non-qualified mortgages (55.2%) or exempt (44.8%) from the Ability-to-Repay/Qua
PROVIDENT BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Provident Bancorp, Inc. - PVBC
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Provident Bancorp, Inc. (NasdaqCM: PVBC) to NB Bancorp, Inc. (NasdaqCM: NBBK). Under the terms of the proposed transaction, shareholders of Provident can elect to receive either: (i) 0.691 shares of NB Bancorp common stock or (ii) $13.00 in cash, for each share of Provident that they own. KSF is see
Victims of Chaotic Crowd Stampede at Dallas Cheer Competition File Lawsuit
DALLAS--(BUSINESS WIRE)--Lawyers representing hundreds of people who were injured during a chaotic crowd stampede at a March cheerleading competition in Dallas have sued the organizer, Varsity Spirit, and facility management saying they failed to provide proper security at the event. In their court filing, the attorneys say those failures led to parents and children being trampled and suffering broken bones, concussions, brain bleeds, and other physical injuries when participants and attendees
Deadline Soon: Treace Medical Concepts, Inc. (TMCI) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 10, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Treace Medical Concepts, Inc. (“Treace Medical” or the “Company”) (NASDAQ: TMCI) securities between May 8, 2023 and May 7, 2024, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON TREACE MEDICAL CONCEPTS, INC. (TMCI), CLICK HERE TO PAR
Vantage Data Centers Completes Industry’s First Euro-Based Data Center Asset-Backed Securitization (ABS) with €640M Transaction
DENVER & LUXEMBOURG--(BUSINESS WIRE)--Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it has raised €640 million in securitized term notes, marking the first-ever euro-based securitization of data center assets in Continental Europe. The transaction includes an additional €80 million in unfunded Variable Funding Notes. The Class A-2 Notes are rated A-, and the Class B Notes are rated BBB- by Standard & Poor’s and Scope Ratings. This transa
Joe Hand Promotions and ESPN Announce Multi-Year Extension to Deliver Year-Round Live Sports to Commercial Venues
PHILADELPHIA--(BUSINESS WIRE)--Joe Hand Promotions (JHP), the nation’s largest and most experienced distributor of premium live sports television to commercial establishments, and ESPN jointly today announced a multi-year extension of their agreement for ESPN+ for Business, enlisting JHP to continue to provide an unparalleled lineup of live sports programming to bars, restaurants, casinos, and other commercial venues nationwide. This renewed agreement covers seven (7) exclusive sports channels
D.R. Horton, Inc. Announces Dual Listing on NYSE Texas
ARLINGTON, Texas--(BUSINESS WIRE)---- $DHI--D.R. Horton, Inc. (NYSE:DHI), America’s Builder, announced today the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, TX. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same “DHI” ticker symbol on NYSE Texas. David Auld, Chairman of the Board, said, “We are pleased to be a Founding Member of NYSE Texas and show our support to the state
KBRA Assigns Preliminary Ratings to Pagaya AI Debt Grantor Trust 2025-4 and Pagaya AI Debt Trust 2025-4
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 12 classes of notes issued by Pagaya AI Debt Grantor Trust 2025-4 and Pagaya AI Debt Trust 2025-4 (collectively “PAID 2025-4”), an unsecured consumer loan ABS transaction. PAID 2025-4 has initial hard credit enhancement levels of 65.29% for the Class A-1 Notes to 3.67% for the Class F Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F Notes), a cash reserve account funded at closin
KBRA Assigns Preliminary Ratings to ExteNet Issuer, LLC, Series 2025-1 Senior Secured Notes
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to the Series 2025-1 Class A-2 Notes, Class B Notes, and Class C Notes (the Series 2025-1 Notes) from ExteNet Issuer, LLC, (the Issuer), a communications infrastructure securitization. ExteNet 2025-1 represents ExteNet Issuer, LLC’s (the Issuer) third securitization following the initial Series 2019-1 Notes. The transaction structure is a master trust, and as such, the indenture permits the issuance of additional classes and series of
GE Appliances Opens Onsite Advanced Primary Care Clinic for Monogram Refrigeration LLC Employees and Families in Tennessee
SELMER, Tenn.--(BUSINESS WIRE)--America’s #1 Appliance Company1, GE Appliances, a Haier company, today announced the opening of a new onsite advanced primary care clinic at its Monogram Refrigeration LLC plant in Selmer, Tennessee. This state-of-the-art clinic will serve employees and their covered family members (age two and older), marking the first workplace-based health clinic of its kind in McNairy County. The new advanced primary care clinic is in addition to the traditional health covera
CRKN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Crown Electrokinetics Corp. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Crown Electrokinetics Corp. (OTCMKTS: CRKN) to Crown EK Acquisition LLC for $3.15 per share is fair to Crown Electrokinetics shareholders. Halper Sadeh encourages Crown Electrokinetics shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investig
Exagon Impact Capital Acquires SunRoof, a Latin American Renewable Energy Platform, in Strategic Addition to XLA I Portfolio
NEW YORK--(BUSINESS WIRE)--Exagon Impact Capital (“Exagon”), a private equity firm advancing the renewable energy transition in Latin America and the Caribbean, announced the second portfolio company acquisition on behalf of its inaugural fund, Exagon Latin America Fund I (“XLA I”). The Fund acquired a controlling stake in SunRoof, a Latin American renewable energy platform with operations in Mexico and Chile. Founded in 2016, SunRoof has emerged as a leading renewable energy provider for comme
ELEV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Elevation Oncology, Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Elevation Oncology, Inc. (NASDAQ: ELEV) to Concentra Biosciences, LLC is fair to Elevation shareholders. Under the terms of the proposed transaction, Elevation shareholders will receive $0.36 in cash per share, plus one non-tradeable contingent value right representing the right to receive: (i) 100% of the closing net cash in excess of $26.4 million; and (ii) 80% of any net proceeds re
KBRA Releases Research – Private Credit: Business Development Company (BDC) Ratings Compendium: First-Quarter 2025
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter ended March 31, 2025. In 1Q25, business development companies (BDC) demonstrated continued resilience and caution amid an uncertain operating environment marked by high base rates, tighter spreads, and uncertain trade policies. The sector remains concentrated, with 10 BDCs holding 53% of the total market of $449.9 billion at fair value (FV) as of 1Q25. Despite con
Hoguet Newman Regal & Kenney Strengthens Commercial Litigation Team with Addition of Partner Siddartha Rao
NEW YORK--(BUSINESS WIRE)--New York litigation boutique Hoguet Newman Regal & Kenney, LLP announced today that seasoned commercial litigator Siddartha Rao has joined the firm as a partner. Rao brings to HNRK nearly two decades of experience in securities, intellectual property, and other disputes in federal, state, and appellate courts as well as arbitration forums. “Siddartha has an ability to translate complex legal issues in ways that persuade judges and juries, and give clients practica
Total Expert Announces Voice AI Sales Assistant Purpose Built for Mortgage Lending
MINNEAPOLIS--(BUSINESS WIRE)--Total Expert, the FinServ leader in customer engagement software, today announced the debut of its AI Sales Assistant at The Gathering by HousingWire. The new AI-powered assistant is already in private beta with select customers, including several top 10 lenders. Human Like Conversations via Voice/SMS The AI Sales Assistant is not a chatbot retrofitted for financial services—it is an enterprise-grade, agentic AI system, capable of scalable intelligent human-like co
EdgeCo Holdings Announces Agreement with ERISApedia to Join its AmericanTCS Business Unit
PITTSBURGH--(BUSINESS WIRE)--EdgeCo Holdings LP (“EdgeCo”), a leading provider of best-in-class solutions for financial intermediaries and their clients, announced today that it has acquired ERISApedia. ERISApedia will become part of its AmericanTCS Holdings, LLC (AmericanTCS) business unit. The acquisition includes acquiring all of ERISApedia’s product offerings. ERISApedia’s operations will be integrated into the product solutions offered by AmericanTCS’s PensionPro. ERISApedia provides compl
From PFAS Treatment to Public Trust: How American Water is Shaping the Future at ACE25
CAMDEN, N.J.--(BUSINESS WIRE)-- #AmericanWater--American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., will help lead critical conversations at the American Water Works Association (AWWA) 2025 Annual Conference & Exposition (ACE25), taking place June 8 through June 11, 2025 in Denver, Colorado. “The depth and breadth of American Water’s leadership at ACE25 reflects our operational excellence and expertise, as well as our responsibility to help shape the future of
Affinity Plus Accelerates Membership Growth with Hopkins Branch
ST. PAUL, Minn.--(BUSINESS WIRE)--On the heels of announcing a new branch in Shakopee, Affinity Plus Federal Credit Union (Affinity Plus) has opened another branch in downtown Hopkins, located at 1118 Mainstreet, Suite #2. The new branch reflects the credit union’s strong growth trajectory and commitment to providing members with accessible brick-and-mortar locations across the state, in addition to its popular mobile banking options. The Hopkins branch will serve more than 4,500 members living
Bridgewater Bank and Federal Home Loan Bank of Des Moines Award $800,000 to Minnesota Nonprofits Through Matching Grant Program
ST. LOUIS PARK, Minn.--(BUSINESS WIRE)--Bridgewater Bank, in partnership with the Federal Home Loan Bank of Des Moines (FHLB Des Moines), has awarded $800,000 to 23 local nonprofit organizations through the 2025 Member Impact Fund, a matching grant initiative focused on strengthening affordable housing and community development efforts. The Member Impact Fund provides members with up to $3 in matching funds for every $1 contributed to eligible nonprofits. Beyond its previously planned 2025 char