A dispute between an investor and the special servicer on a loan has spilled out into court.  Special servicer Rialto Capital Advisors is being sued for allegedly trying to keep a borrower unnecessarily in default, a situation that would result in more fees earned by the servicer but would sting other loan certificateholders. The investment firm 400 Capital Management, an investor on the loan, filed the suit in New York on Tuesday.  It’s the latest legal challenge for one of the nation’s largest special servicers by volume. As of June, Rialto was the named special servicer on more than 5,000 […]

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