The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5 million in a February offering that it used to pay down debt. Continue reading
The operator of real estate auction platform Hubzu reports a $53.4 million 2022 net loss, with revenue falling 15 percent to $144.5 million. Continue reading
Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt. Continue reading
The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering. Continue reading
Citing impact of rising rates on mortgage originations, Mr. Cooper laid off 250 workers during the first quarter, with more reductions in store. Continue reading
Site operator Altisource posts its first quarter of sequential revenue growth in nearly three years, according to a quarterly earnings call Thursday. Continue reading
The embattled real estate brokerage is shutting down amid labor complaints, parent company Altisource confirmed Tuesday. Continue reading