Mr. Cooper lays out path to $1T mortgage servicing rights portfolio

Rising mortgage rates have many lenders looking to sell servicing rights, creating an opportunity for a Dallas-based company that now collects payments on $870 billion in loans. Continue reading

Altisource public stock offering will pay off roughly $20M in debt

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

Red Oak Realty taps former KW, Pacific Union leader as president

Nicole Aissa will oversee agent growth and development at Red Oak. She previously worked as an operating principal at Keller Williams. Continue reading

Should you buy down your mortgage? The Real Word

This week, Byron Lazine and Nicole White are talking about buying down mortgages, investing in your real estate business and keeping up with current events on The Real Word. Continue reading

Hubzu operator Altisource raising money in public stock offering

The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering. Continue reading

LoanDepot founder Anthony Hsieh ousted as executive chairman

The founder is in a spat with the board after nominating real estate veteran Steve Ozonian to serve on the floundering mortgage lender’s board of directors. Continue reading

OJO nets $200M via sale of Canadian operations, new debt raise

The company is selling its Canadian operations to Royal Bank of Canada, while also raising new funds from Vista Credit Partners. Continue reading

Builders are pulling their hair out. Why do investors still love them?

To get a clearer picture of where things stand for builders — and where they’re headed for investors — Inman compiled financial results from the nation’s five largest publicly traded homebuilders. Continue reading

Floor plan startup Cubicasa inks partnership with growing Utah MLS

UtahRealEstate.com is the latest multiple listing service to partner with CubiCasa on free floor plans and discounts on property analytics and the startup’s database of real estate photographers. Continue reading