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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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Rithm delivers $261M profit in Q1, continues to evaluate mortgage biz spinoff 

Housing Wire

Rithm’s MSRs mark to market contributed $194.5 Regarding its debt, the company issued in March $775 million in senior unsecured notes due in 2029 for qualified institutional buyers. million to the quarter’s earnings, compared to a hit of $296 million the previous quarter. The company lost $48.6 The company’s stock traded at $11.27

Mortgage 367
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Is Now a Good Time to Become an Appraiser?

Appraisal Buzz

The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year.

Appraisal 195
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Anywhere Real Estate reports $19M in Q2 net income

Housing Wire

Anywhere Advisors typically targets luxury markets.) to exchange $273 million of the 5.75% senior notes due 2029 and 5.25% senior notes due 2030 it holds for $218 million in new 7.0% We don’t the rule is necessary for the market to operate well,” Schneider said. “We second lien secured notes due 2030. “We

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Just 36 real estate brokerages and teams made the Inc. 5000 in 2023

Housing Wire

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2029. They must be U.S.-based, Rank Company Growth (3-yr Avg.)

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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.

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Is Now a Good Time to Become an Appraiser?

McKissock

The Bureau of Labor Statistics projects that job growth for appraisers between 2019–2029 will be 3%, which is on pace for all occupations. Since the real estate market impacts the work of real property appraisers, demand for appraisers can fluctuate from year to year. Ready to become an appraiser?