Dossier
$2bn lifeline
Coverage of $2bn lifeline in the Nexus archive.
- How a bad trade pushed a US mortgage giant into a $2bn lifeline
A US mortgage giant faced a crisis, pushed by a bad trade, requiring a $2bn lifeline. Separately, Mat Ishbia, who is identified as a billionaire finance executive and Phoenix Suns owner, secured a last-minute deal with Oaktree.