Rithm Capital Secures $500 Million in Unsecured Debt Financing
Rithm Capital Corp. has priced a $500 million offering of senior unsecured notes due in 2031, enhancing its balance sheet after recent acquisitions.
Mungo appoints Ric Rojas as president of the Mid-Atlantic region.
Mungo Homes has appointed industry veteran Ric Rojas as regional president for the Mid-Atlantic region, enhancing leadership in Raleigh, Richmond, and Triad markets.
Enhancing Sales Strategies: Insights from Movement’s Reverse Mortgage Leaders
Movement Mortgage demonstrates how organic lead generation and purpose-driven leadership can drive modest growth, even amid challenges faced by reverse mortgage lenders.
From Addiction to Advocacy: A Second Chance in the Mortgage Industry
Discover how homeownership serves as a vital wealth-building tool and explore an inspiring personal journey from adversity to success in the mortgage lending industry.
The Limitations of AI-Generated Content Are Becoming Apparent.
Explore the latest mortgage marketing trends shaping the industry. Discover insights that empower private lenders to enhance their strategies and outreach.
Mortgage Demand Increases 1.7% Despite Five-Week Rate High
Mortgage applications saw a 1.7% increase, driven by a 4% rise in purchase demand, while the 30-year fixed rate edged up to 6.46%. Insights for private lenders.
Pennsylvania Judge Rules Mortgage Connect Noncompete Agreement Invalid
A Pennsylvania judge voided Mortgage Connect’s noncompete contract for being overly broad, aligning with the FTC’s stance on limiting restrictive covenants.
The dynamics of real estate consolidation have evolved, but the industry lags.
Compass, Anywhere, Real, REMAX, and eXp deals highlight platform consolidation in the mortgage industry, influencing lead routing, retention strategies, and embedded mortgage services.
NYC Mayor Mamdani Abandons Proposal for 9.5% Property Tax Increase
New York City Mayor Mamdani's proposal for a 9.5% property tax increase has been withdrawn, impacting potential revenue streams and property valuations.
eXp Expands Its Brokerage Operations in California and Canada
eXp Realty strengthens its network with new franchise locations in California and the addition of Initia Real Estate, enhancing growth opportunities in key markets.