Mortgage finance company Fannie Mae revealed details Wednesday of its first-ever large sale of non-performing mortgages, a move that could make it easier for some of the borrowers behind the loans to stay in their homes. more »
Kent McCammon (right), executive vice president of strategy and business development for PRA Group, accepts the Global M&A Deal of the Year award from Amanda Drury, co-anchor of CNBC's "Power Lunch." Also pictured: Andrew Blodgett, investment banking associate at William Blair & Company.
PRA Group, a Norfolk, Va.-based debt buyer, was named a Global M&A Deal of the Year recipient in the M&A Atlas Awards for last year's $1.3 billion acquisition of Norway-based Aktiv Kapital AS. more »