A Blank Rome team represented Solar Servicing LLC (“the Company”), a wholly owned subsidiary of Forbright Bank, in its acquisition of substantially all of the loan servicing operations of Solar Mosaic LLC (“Mosaic”). The transaction followed the completion of Mosaic’s court-approved Chapter 11 Plan of Reorganization and closed on September 22, 2025.
Through the transaction, substantially all of Mosaic’s loan servicing operations have successfully transitioned to Solar Servicing, and the Company plans to continue Mosaic’s loan servicing operations as usual, ensuring borrowers can continue to pay their loans as planned and that collections will be remitted to loan owners.
For more about this transaction, please read the press release: Solar Mosaic’s Loan Servicing Operations Transition to Solar Servicing (September 22, 2025).
The Blank Rome team was led by Kenneth J. Ottaviano and Gregory F. Vizza with significant support from Stephanie K. Hor-Chen, Lisa Casey Spaniel, Peter I. Tsoflias, and Jennifer K. Malow.
