We’ve all seen a product on social media that looks interesting, so you click the “shop now” button and are taken over to a new site. But wait, you weren’t finished on the social media site, and when ...
Ownit Mortgage Solutions Inc. says it found a way to deal with the nonprime mortgage market’s current challenges while avoiding the hurdles that bank-owned and public nonprime lenders face: a ...
Ownit Mortgage Solutions Inc. of Agoura Hills, which shut down abruptly early this month, has filed for bankruptcy protection, saying it owes more than $165 million to Merrill Lynch & Co. and other ...
Ownit Commerce Inc. is betting the release of its new Connected Checkout service will give direct-to-consumer brands the ability to improve conversion rates by embedding Connected Checkout links ...
Merrill Lynch & Co. rebuffed a request by executives at Ownit Holdings LLC for a capital infusion that would have kept the subprime lender afloat, people close to both companies said. The investment ...
Ownit Mortgage Solutions, an Agoura Hills-based wholesale lender, has ceased operations and laid off 800 employees nationwide, part of the shakeout in the sub-prime lending business. One employee, ...
During the last week of 2006, Ownit Mortgage, known as the eleventh largest subprime lender in America, filed for Chapter 11 bankruptcy. By all early accounts, the company”s decline was quick and ...
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