Mortgage president sees âwinter of deathâ when refi boom ends
Bill Tessar (pictured) is coming off the back of an amicable acquisition. The president of private lending firm Civic Financial Services (CIVIC) told MPA that his company’s recent acquisition by PacWest Bancorp from parent company Wedgewood was a “perfect scenario” for every party involved. CIVIC got access to extremely cheap capital, Wedgewood got a big … [Read more…]