Rithm handled servicing with an unpaid principal balance of $844 billion as of the end of 2024.

Scott Turner's nomination to lead HUD was approved by the Senate on a 55-44 vote.

Issuance involving closed-end second liens held up better than HELOCs and home equity investment activity.

Compliance deadlines with the Section 1071 data-collection rule are set to start in July but could be postponed.

Freedom plans to use proceeds from the offering for “general corporate purposes,” including repaying existing senior secured debt.

“Our entire vision is to build the company as an infrastructure provider that allows people to offer a mortgage right at the point of sale,” Realfinity CEO Luca Dahlhausen said.

FICO's revenue from mortgage originations increased by 110% in the fourth quarter of 2024 compared with the fourth quarter of 2023.

Retail lending gained share from the correspondent channel in the fourth quarter.

Michael Nierenberg is chairman and CEO of both Rithm Capital and Rithm Acquisition.

Issues relating to credit reports accounted for 86.6% of all complaints in 2024.