CCM plans $500 million senior notes issuance ahead of Two Harbors closing.
CrossCountry Intermediate Holdco (CCM) plans to issue $500 million in senior unsecured notes, aligning with its anticipated acquisition of Two Harbors Investment Corp.
Consumer groups caution that CFPB mortgage rule rollbacks may endanger borrowers.
Advocacy groups caution that potential modifications to federal lending regulations may increase risks for consumers, highlighting the need for careful consideration.
The Hottest ZIP Code in the Housing Market Right Now Is…
Discover which regions are trending in the housing market, as the Northeast and Midwest continue to lead with the hottest ZIP codes for private lenders.
Splitero broadens home equity investment options to four additional states.
U.S. homeowners possess $35 trillion in home equity, often constrained by low mortgage rates and stringent income criteria, presenting challenges for private lenders.
UWM files lawsuit against Two Harbors over unsuccessful merger, seeks $500M+
United Wholesale Mortgage has filed a lawsuit against Two Harbors Investment Corp., alleging breach of merger agreement and fraud amid a competing deal with CrossCountry Mortgage.
TPG Mortgage Investment Trust Acquires Cherry Hill Mortgage for $117.5M.
TPG Mortgage Investment Trust forms via acquisition of Cherry Hill forming a $9B residential mortgage portfolio—strategic implications for private lenders.
KBW Designates Ellington and Longbridge as Outperformers Following Strong Q2 Earnings
Analysts at Keefe, Bruyette & Woods project a favorable outlook for Ellington Financial and its reverse mortgage arm, Longbridge Financial, post Q2 earnings.
Gibson Suit Plaintiffs May Inform MLSs of Settlement Data Responsibilities
Judge Bough allows Gibson plaintiffs to inform opt-in MLSs about settlement terms, mandating the sharing of listing and commission data through providers like FBS.
Longbridge Achieves 38% Increase in Originations, Driving $54.4M Profit for Ellington
Ellington Financial Inc. reported robust Q2 earnings of $54.4 million, fueled by excellent loan credit performance and rising reverse mortgage production at Longbridge Financial.
Achieve Completes $261.5 Million HELOC Securitization Deal
Achieve has successfully completed a $261.5 million securitization of new home equity lines of credit (HELOCs), marking its ninth total issuance to date.