Rithm Capital has announced a 144A senior note deal that could help NewRez’s corporate parent manage its balance sheet. Processing Content Rithm, which owns a large-scale servicing and lending operation via NewRez, has announced a $500 million note offering for qualified institutional buyers that may be used to repay secured debt. The unsecured debt offering […]
NewRez parent Rithm Capital preps note offering Read More »
Sales of previously owned US homes barely rose in April from a nine-month low, underscoring a sluggish housing market at the start of the spring-selling season. Processing Content Contract closings edged up 0.2% to a 4.02 million annualized rate, according to National Association of Realtors data out Monday. That was slightly slower than the median
US home resales barely rise as key selling season begins Read More »
After CrossCountry Mortgage matched its $12 per share cash offer for Two Harbors Investment, UWM Holdings raised its bid by 50 cents, saying it provides “clearly superior value.” Processing Content The latest bid was disclosed Monday morning before the markets opened. However, for those looking to take the stock option, this has remained unchanged at
UWM raises Two Harbors offer again, this time by 50 cents Read More »