Brookfield will take a 50.1{f68d9b7529cc5a282425dc3c1524428b930ef0e6a5e07d1c3a6dd8dcb0affddc} stake in Angel Oak, offering its own investors access to the firm’s residential mortgage credit business, according to filings with the Securities and Exchange Commission (SEC). Angel Oak will still operate independently, with co-founders Sreeni Prabhu and Mike Fierman remaining as co-CEOs.
The Gibson plaintiffs have been barred from intervening in the Hooper commission lawsuit. But that hasn’t stopped them from further attempts to dissuade Judge Mark H. Cohen from approving the settlements reached by eXp World Holdings and Weichert Realtors.