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Realogy PIK bond holder group led by Icahn related fund; trustee, High ... - Financial Times
A disgruntled group of Realogy’s USD 582m 11%/11.75% senior PIK bond holders filed suit against the company Friday in Delaware Chancery Court, according to court documents. The complaint was filed by indenture trustee Bank of New York Mellon and ...

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Today's Mortgage Terms starting with N

  • Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
  • Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.

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