Rithm Capital has brought DRA Advisors into the ownership of 1301 Avenue of the Americas, forming a joint venture around one of the major New York office properties Rithm acquired through its purchase of Paramount Group. Rithm announced the closing Oct. 2. A fund...
GoodLeap has closed a $389 million securitization backed by home-improvement loans, adding another capital-markets outlet for a financing category that has become increasingly important as homeowners remain in place and invest in existing properties. According to...
Benchmark Mortgage plans to permanently eliminate 82 positions as the lender winds down its Eleven Mortgage wholesale operation, adding a concrete workforce impact to the channel shutdown WRE News reported earlier this week. Ark-La-Tex Financial Services LLC, which...
The Eighth U.S. Circuit Court of Appeals issued its mandate Friday in the appeals challenging the National Association of Realtors’ Sitzer/Burnett settlement, formally concluding proceedings in the appellate court after objectors failed to win rehearing. The...
Freddie Mac has changed the executive overseeing risk across the government-sponsored enterprise, ending Anil Hinduja’s employment and moving longtime capital-markets executive John Glessner into the chief risk officer job. Hinduja’s employment ended effective Oct. 1,...