April home prices recorded the strongest monthly gain in nearly two years, as 90% of markets in the United States saw home value recover compared to the previous month, an industry report found. Processing Content Prices rose 0.32% last month on a seasonally-adjusted basis, equal to a 3.9% annualized rate, according to ICE Mortgage Technology’s […]
90% of U.S. markets see uptick in home value Read More »
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 »