Angel Oak Mortgage REIT eked out a profit in the second quarter but missed Wall Street expectations partially due to a note offering. The non-qualified mortgage player Tuesday reported net income of $767,000 for the period, well below an S&P Capital IQ consensus mean estimate of $6.34 million. The real estate investment trust’s quarterly results […]
Angel Oak bets on non-QM in volatile Q2 report Read More »
A Texas federal judge overseeing the data breach suit against Mr. Cooper refused to dismiss the case, as was previously requested by the mortgage servicer. In a recently published order, U.S. District Judge David Godbey, wrote that the court finds the plaintiffs have standing to bring some claims against Mr. Cooper, though others have been
Judge rules Mr. Cooper data breach borrowers have standing Read More »
Figure Technology Solutions is taking another shot at going public, just weeks after announcing that all parts of its operations — including its lending arm and blockchain-powered financial marketplace — will be consolidated into a single company. The fintech firm said Aug. 4 that it confidentially submitted a draft registration statement on Form S-1 with
Figure confirms plans for IPO sometime in 2025 Read More »