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
The Lenders One CEO explains why sellers will have an edge next year
Fresh off the co-op’s Summer Conference, interim CEO says state of mortgage industry is strong
Are loan origination systems up to the task of tackling heightened regulatory compliance and persistent financial challenges?