Spirit Finance Corp., Scottsdale, Ariz., has priced a public offering of 15 million shares of its common stock at $10.74 per share.The real estate investment trust said it has granted the underwriters an option to buy up to 2.25 million additional shares to cover any overallotments. Citigroup Corporate and Investment Banking is the sole bookrunner for the offering. Spirit can be found online at http://www.spiritfinance.com.
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.
Technology and customer service were the two largest categories within operational expenses last year, according to the Mortgage Bankers Association.
Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts.
The move may have been related to the government-sponsored enterprise's duration gap but could also have resulted from many other considerations.
The lawsuit is the third against a California-based mortgage company this month after revelations of another early-2026 incident at a wholesale lender.
The Bank of International Settlements compared the recent AI investment frenzy to the canal mania of the 1830s, the British railway craze of the 1840s and the dot-com boom of the late 90s.
