MFA CEO Craig Knutson said he’s pleased the REIT has “gained traction on these new acquisition efforts, which involve relationships cultivated over the past year or more.”
Over the past two years, insurance conglomerate Eli Global has been quietly vetting mortgage companies for purchase, occasionally striking deals while appearing hungry for more. But now, the company is taking a major pause after news broke that Founder and Chairman Greg Lindberg will be the subject of federal grand jury testimony in Charlotte, NC, next week.