Millions of American home shoppers have taken on risky and generally more costly alternative financing, in part because even creditworthy buyers may have trouble finding traditional mortgages for lower-priced properties, new research suggests. One in 15 current home borrowers, or about seven million Americans, uses alternative financing, including arrangements in which they make payments directly… Read More »
Overview Most homebuyers in the U.S. use mortgages to purchase their homes. However, many others use alternative financing arrangements, such as rent-to-own, that research indicates are generally riskier, more costly, and subject to far weaker consumer protections and regulatory oversight than traditional mortgages.1 Evidence suggests that a shortage of small mortgages, those for less than… Read More »
NEW YORK, March 28, 2022–(BUSINESS WIRE)–White Oak Global Advisors, LLC (“White Oak”), announced it arranged and closed a $100 million term loan to support the acquisition of a large US-based multi-channel IT services provider by a Canadian IT services platform. White Oak’s term loan alongside a $40 million asset-based credit facility provided the platform business… Read More »
NEW YORK, March 21, 2022–(BUSINESS WIRE)–White Oak Global Advisors, LLC, (“White Oak”) announced it provided a $40 million term loan to Solace Capital Partners to support its acquisition of Sun Mountain Sports. In addition, White Oak Commercial Finance, LLC, an affiliate of WOGA, provided a $10 million ABL credit revolver to help meet Sun Mountain’s… Read More »
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