Why Lessons from Wingspan’s Demise Still Matter Today

National Mortgage News, Mar. 1, 2017–Bonnie Sinnock (subscription)
It’s been almost two years since Dallas-based Wingspan declared bankruptcy and the case has yet to be fully resolved. Now, with interest rates and home prices on the rise, the market is shifting yet again. What could be fixed at Wingspan–and what couldn’t–remain good object lessons about the opportunities and risks that surface when economic cycles turn.