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Get filing alertsTiptree completes $47.3M sale of Reliance First Capital to Carrington Mortgage
Filed May 4, 2026 · Period ending May 1, 2026 · ~1 min read
Key Changes
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Tiptree closed the sale of wholly owned subsidiary Reliance First Capital LLC to Carrington Mortgage Services for $47.3 million cash, with an additional $3 million held in escrow pending purchase price adjustments and tax matters.
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The transaction represents a complete exit from the Reliance business unit, originally announced in October 2025 and amended in December 2025.
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Total potential proceeds reach approximately $50.3 million once escrow amounts are released after final purchase price and tax determinations.
Item 1.01 view on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify