The 100 percent purchase of Guardian Asset Management by New Residential Investment Corp. was announced 19 August 2019. The deal was massive and kept secret even from the US government, whom were legally mandated to be informed. And why is the sale of Guardian so intriguing? Glad you asked. Foreclosurepedia broke the story of Guardian's sale long before it hit the financial newswires. And while Guardian has never formally announced its sale, to a foreign nationally controlled firm, the reality is the repercussions have impacted the Mortgage Field . . .
To read the article Subscribe today!
