Rithm Capital to issue $775M in unsecured debt

Rithm Capital, a New York-based asset manager with a focus on real estate — and the parent of multichannel lender Newrez — is the latest company in the mortgage space to issue debt. Rithm is joining a list that includes competitors Mr. Cooper Group, Freedom Mortgage, PennyMac Mortgage Investment Tru
Read MoreWhat are the pros and cons of smart home tech for seniors?

Smart home technology — often in the form of a voice-activated virtual assistant that can automate devices in the home — can be a tool to facilitate aging in place. Experts on the topic of aging, and specific programs that provide this technology to seniors, have illustrated the potential, but the m
Read MoreFirst-time homebuyers made up a record share of agency purchase loans in 2023

First-time homebuyers made up 55% of agency purchase mortgages in 2023, according to Intercontinental Exchange (ICE) eMBS data, the highest such share in the 10 years ICE has been tracking the metric. A record 47% of government-sponsored enterprise (GSE) purchase loans in 2023 came from first-time h
Read MoreWhy is housing inventory growing with higher mortgage rates?
The mortgage rate lockdown premise says that if rates rise, inventory can’t grow meaningfully. The idea is that nobody will trade their low mortgage rates to buy another home — even though this happened every week last year. Of course, I have a different view. My podcast partner, Editor in Chief Sar
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