New Residential Mortgage floats another $500.9 million

New Residential Mortgage Loan Trust, 2025-NQM5 is preparing to issue about $500.9 million in residential mortgage-backed securities (RMBS), bringing more capital into the market for investor-owned properties. Rithm Capital, a real estate investment trust that also invests in mortgage loan aggregation, is sponsoring the deal. This is also the program’s fifth securitization this year backed […]

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Exclusive: CrossCountry Mortgage CEO unveils organic growth strategy

Cleveland-based CrossCountry Mortgage (CCM) has taken a different approach from competitors. Rather than pursuing mergers and acquisitions to strengthen its origination and servicing platforms, the company has focused on organic growth by acquiring mortgage servicing rights (MSRs) and building an asset management arm.   “Our servicing portfolio by year-end will be approximately $200 billion, and we’ve

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