medallion loans

Taxi Medallion Loans Sold To Distressed Asset Manager For $350M
Taxi Medallion Loans Sold To Distressed Asset Manager For $350M
February 20, 2020  |  Gig Economy

Marblegate Asset Management, known for buying up distressed assets, now holds the largest lot of New York’s taxi-medallion loans, according to published reports Wednesday (Feb....

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$500M Rescue Plan Considered For Debt-Burdened Taxi Drivers
$500M Rescue Plan Considered For Debt-Burdened Taxi Drivers
January 16, 2020  |  Ridesharing

A New York City-appointed panel is seeking a $500 million bailout to help taxi drivers trapped in unscrupulous medallion loans, The New York Times reported...

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