“Wanton dishonesty”: Rialto, FDIC accused of botching Signature loan extension https://t.co/vWMNju370M
“Wanton dishonesty”: Rialto, @FDICgov accused of botching Signature loan extension https://t.co/XDtOM8b1fR Sell the assets Marty....
ICYMI. Recent Class Action Lawsuit Alleges Misappropriation of Special Needs Trust Funds https://t.co/sxz8A3Lk50

The FDIC and Rialto are facing accusations related to their handling of a Signature loan transfer, which has been described as a 'possibly illegal attempt' to fabricate a default. The situation, described as "rife with wanton dishonesty", has sparked a lawsuit, highlighting concerns over the operation of special servicers with a degree of impunity and opacity. This legal scrutiny comes amid broader discussions about the transparency and integrity of financial transactions, particularly in light of a previous case involving the missing $164M from the Veritas portfolio.




