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.
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.
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.
Mid-Atlantic Home Sales Activity Increases in April
"April brought renewed enthusiasm in the Mid-Atlantic housing market, signaling increased activity from both buyers and sellers, according to industry insights."
Utah PLM License Offers New Opportunities for Private Lenders
Fortra Law's efforts are transforming the Utah mortgage licensing landscape, simplifying the process for private lenders involved in business purpose loans.
Mortgage Rates Remain Below 7% Despite Rising Inflation and Wider Spreads
CPI increases by 0.6% with inflation at 3.8%, yet a 1.96% spread stabilizes mortgage rates around 6.52%, avoiding climbs above 7%. Insight for lenders.
Teresa Palacios Smith on Inclusion, Opportunity, and the Future of Housing
Teresa Palacios Smith discusses the impact of risk-taking, leadership, and advocacy for inclusion in her career, highlighting key lessons for private lenders in housing.
MeridianLink Enhances AI Solutions Amid Rising Volume and Customer Growth
MeridianLink introduces embedded AI agents, enhancing efficiency as MeridianLink Mortgage secures 60+ customers and processes 1 million applications.
Equity-rich home shares decline to their lowest level since 2021.
The share of equity-rich homes increased in only three states from Q4 2025 and six states year-over-year, indicating market stability and localized growth.