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Market Chatter: UBS Mortgage Unit Said to Be Acquired by Sixth Street Consortium
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Market Chatter: UBS Mortgage Unit Said to Be Acquired by Sixth Street Consortium
Aug 15, 2024 7:42 AM

10:16 AM EDT, 08/15/2024 (MT Newswires) -- A consortium led by Sixth Street Partners has agreed to purchase Credit Suisse's US mortgage servicing business from UBS Group ( UBS ) , Bloomberg reported Thursday, citing people familiar with the matter.

Neither UBS nor Sixth Street immediately responded to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 30.03, Change: -0.86, Percent Change: -2.78

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