‘Alternative’ Hedge Fund Varde Ponders Selling Nonprime Unit Deephaven; Other M&A Deals Begin to Percolate
December 20, 2018
Varde Partners, which four years ago purchased fledgling nonprime lender Deephaven Mortgage, Charlotte, NC, is now contemplating selling the company, industry officials who claim to have knowledge of the matter told Inside Mortgage Finance this week.