August 2025

Rithm buys $1B in home reno loans from Upgrade

Rithm Capital announced it has entered into an agreement to purchase $1 billion worth of loans from lending fintech Upgrade. The forward-flow agreement between the real estate investment trust and the San Francisco-based neobank has Rithm acquiring $1 billion worth of home improvement loans originated and serviced by Upgrade over the coming year.  The deal […]

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Donald Trump

Trump’s BLS firing impacts perceptions more than numbers

Bloomberg News By firing one of the country’s top economic research officials, President Donald Trump might have instilled less confidence in the legitimacy of government-produced data rather than more.  On Friday, Trump terminated Bureau of Labor Statistics Commissioner Erika McEntarfer, claiming that she “rigged” the data in last week’s employment situation report to hurt the

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