A dispute between an investor and a special servicer continues to play out in court.  Investor 400 Capital sued Rialto Capital Advisors late last year, accusing the special servicer of improperly keeping a loan in special servicing. Now, Rialto has changed track, but 400 Capital says it doesn’t go far enough. It’s a rare look into a fight between a commercial-backed mortgage securities investor and the nation’s largest special servicer by volume. As of June, Rialto was the named special servicer on more than 5,000 loans with a total unpaid principal of more than $94 billion, according to Morningstar. At […]

This article originally appeared on The Real Deal. Click here to read the full story.