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 […]
Rithm buys $1B in home reno loans from Upgrade Read More »
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Loandepot has rehired two mortgage professionals who were previously involved in the development of its mello platform, signaling the Irvine, California-based company’s intent to bolster its technology offerings. The public company has named industry veterans Dominick Marchetti as chief digital officer and Sean Dejulia as chief innovation officer. Marchetti, who worked at the lender from
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