Resource Capital Corp., a Philadelphia-based specialty finance company that invests in real-estate-related and commercial finance assets, has been added to the Russell 3000 Index.The action came as part of the index's addition of 27 initial public offerings at the close of the market on March 31, the company said. The Russell 3000 index is composed of the 3,000 largest U.S. stocks, ranked by total market capitalization.
Mortgage fintechs are attracting investor attention and dollars with agentic AI processes in new origination-focused platforms and assistants.
The portfolio for sale contains hundreds of millions of dollars worth of reperforming loans that the government-sponsored enterprise co-marketed with Citigroup.
The S&P Cotality Case-Shiller home price index rose 0.8% year over year in April, while U.S. Federal Housing's index climbed 2%. Both indexes declined monthly.
While the nationwide purchase average declined nearly 3% in 2025, these costs rose in 23 of 50 states and the District of Columbia, a study from LodeStar said.
Priority Financial Network CEO Marc Shenkman allegedly told a former employee to "keep his resume out there" because he planned to get Lendwise shut down.
Lisa Cook can keep her seat on the Federal Reserve Board thanks to the Supreme Court's procedural concerns. Deeper questions about the central bank might not come for years — if at all.
