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Like some other servicers, it recorded a positive change in valuations during the first quarter, contrasting a negative adjustment in the previous period.
May 2 -
The digital lender disclosed a prolonged low stock price could have forced it to redeem a $528 million convertible note from sponsor SoftBank.
April 10 -
The surprisingly strong U.S. economy has driven Treasury yields to the highest since late November as investors dial back bets on interest-rate cuts, wagering that policymakers will be wary of easing policy prematurely.
April 8 -
The board has reduced some aspects of Rithm CEO Michael Nierenberg's pay, but also significantly raised the performance-based component.
March 20 -
Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering to a higher-for-longer reality and a murky path forward for the market.
March 17 -
Market participants have been so focused on determining when and how much the Federal Reserve will slow its balance-sheet unwind that they haven't even started to consider another wrinkle: the composition of the U.S. central bank's assets.
March 5 -
Wall Street saw another busy session of bond sales as issuers looked to borrow before key economic data later this week.
February 27 -
The company, which has paired down its operations to concentrate on reverse mortgages, got a similar notice in December.
February 16 -
In the derivatives markets, they've started pricing in that the Fed will carry out just four — or five at the most — quarter-point rate cuts in 2024, only slightly more than the three penciled in by policymakers.
February 12 -
Other servicing gains helped Mr. Cooper profit despite negative mark-to-market valuations and cyberattack costs that led to lower consecutive-quarter results.
February 9