Hubzu operator Altisource plans reverse split to avoid delisting
Real estate and mortgage services provider has racked up $363M in cumulative losses and ended Q1 with $30.8M of cash and cash equivalents following debt restructuring
by Matt Carter May 27
Compass unveils family office division led by Cindy Scholz
Compass Family Office will focus on assisting clients with long-term real estate asset management, as well as bridging the gap between brokerage services and institutional advisory
Newrez parent company Rithm raising up to $391M in offering
Proceeds from sale of up to 34.5M shares, which hit a 52-week high on Sept. 19, to be used for corporate purposes that may include future acquisitions, investments or debt repayment
by Matt Carter Sep 25
Newrez laying off nearly 500 workers after Rithm acquisitions
Pending layoffs of 420 Newrez employees in Colorado and 53 workers in Florida follow $1.4B in acquisitions as parent company Rithm seeks to diversify beyond mortgage lending
by Matt Carter Jun 11
Altisource sees rise in foreclosures as a path to profitability
Operator of real estate auction platform Hubzu reports a $53.4M 2022 net loss, with revenue falling 15% to $144.5M as foreclosures remain below pre-pandemic levels
by Matt Carter Mar 30
Inman Review: Property managers have a smart, efficient partner in Leonardo247
Opinion
Leonardo247 serves as a bonding agent between the known and unknown of managing multiple large apartment communities
by Craig C. Rowe Jul 2
Carrington and LendingXpress to roll out services for community banks and credit unions
by Inman Mar 29
Carrington Technology Solutions and Equator Business Solutions sign exclusive agreement
by Inman Feb 22
New Vista Asset Management has been user since 2009
by Inman Feb 7
Appraisal and asset management firms are category leaders
by Inman Aug 29