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
The Luxembourg-based real estate and mortgage services provider, which has slashed nearly 400 positions this year, raised $20.5M in a February offering that it used to pay down debt
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
Shares in the Hubzu operator touched a new 52-week low Friday as the company released details of a plan to pay off a portion of its nearly $200M debt burden by issuing up to 4.6M shares
Debt-burdened company notified regulators in December of plans to raise up to $100M through public stock offering on way to posting $53M 2022 net loss
Lenders One Cooperative opens the alliance's first mortgage branch in a New Jersey Walmart, with more openings slated for Florida, California, Ohio, South Carolina and Texas
Sale of Xome subsidiary could be in the works as lenders boost foreclosure filings and auction platform's distressed property inventory swells to record levels
Site operator Altisource posts its first quarter of sequential revenue growth in nearly 3 years, according to a quarterly earnings call Thursday
During the first 2 quarters of the year, Owners.com generated $3.8M in revenue and reported an $8.1M loss before income taxes
Investors can use the information to craft an appropriate bid
The addition of pre-auction listings and FHA rehab financing opens new doors for users, the company says
Altisource bought rental data and rental search startups for up to $24.8 million
Revamped by Altisource, Owners.com unbundles 'what was traditionally a bundled offering'
Xome, Auction.com, Opendoor and Hubzu all value the role of real estate agents
Hubzu has just made snapping up properties via an online platform a little bit easier for average consumers