Pennymac struck a deal to buy Cenlar Capital Corp.’s subservicing business in a move that will boost its portfolio above a key benchmark and increase the nonbank concentration in the space. Processing Content The acquirer’s financial services company will pay $172.5 million upfront for Cenlar’s portfolio and operations with a $85 million contingent consideration, according […]
Pennymac to buy Cenlar’s subservicing business Read More »
You may have heard homeowners today have a lot of equity built up. But what does that really mean? Let’s break it down. Because your equity isn’t just a number, it’s a powerful asset that can help you take your next big step in life. How Much Equity Does the Typical Homeowner Have? Here’s how
Four Ways Your Home Equity Can Work for You Read More »
With Valentine’s Day right around the corner, many successful real estate agents across the country will be doing what they do every February: dropping off chocolates, flowers, handwritten cards, and in a few ambitious cases, cherry pies, on their clients’ doorsteps. And weirdly… it works. Not because chocolate makes people sell their house.Not because cherry
What monkeys and Valentine’s Day teach us about trust in real estate Read More »