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The massive lender and servicer continues to tout its recapture opportunity, with a quarter of its $700 billion portfolio holding note rates above 6%.
July 22
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The nation's sixth largest real estate broker has created Elliman Capital in a strategic alliance with Associated Mortgage Bankers.
July 22
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President Donald Trump said he is considering a proposal to end capital gains taxes on home sales in a bid to boost the housing market.
July 22
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Sam Altman, the founder and CEO of OpenAI, said the rapidly growing capabilities of AI are rendering many of banks' fraud prevention measures useless and warned of an "impending fraud crisis" if banks don't update their processes.
July 22
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A "large institutional investor" will provide funding to assist Rithm in acquiring as much as $1.5 billion worth of residential transition loans.
July 22
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Horton shares surged as much as 14% after the company released results for the fiscal third quarter, the biggest intraday gain since April 2020.
July 22
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The company has agreed to sell the MSRs on Aug. 1. Its merger with Mechanics Bank is set to close during the third quarter of this year.
July 21
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Opendoor's stock price at one point on Monday was at $4.97, more than double its Friday close, but a large drop late in the day left it with a 96 cent gain.
July 21
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The bill's sponsors say it can help address widespread problems with housing affordability by allowing homeowners to build accessory dwelling units.
July 21
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Google, Oliver Wyman and Corridor Platforms offer bankers a safe space where they can experiment with using generative artificial intelligence for customer interactions.
July 21
