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Pennymac to issue $650M in unsecured debt

Housing Wire

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. The California-based company announced on Wednesday it intends to offer a $650 million aggregate principal amount of senior notes due in 2029. The offer is subject to market conditions and other factors. In total, $1.8

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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

We remain in a tough part of the cycle,” Ryan Schneider, the CEO of Anywhere Real Estate, told investors and analysts on the firm’s second quarter earnings call Tuesday morning. Anywhere Advisors typically targets luxury markets.) We don’t the rule is necessary for the market to operate well,” Schneider said. “We million to 4.3

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Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2029. 510 PadSplit 1,152% 2017 Creator of a co-living market platform enabling workers to live in the communities they serve. To qualify, companies must have been founded and generating revenue by March 31, 2019.