Newrez parent Rithm Capital posts 57% profit growth in 2024

Rithm Capital, which owns multichannel mortgage lender Newrez, built upon its success in 2023 with net income of $835 million in 2024. That figure represented a 57% increase from its profit of $533 million a year earlier.In its fourth-quarter and full-year 2024 earnings report released Thursday, New

83 real estate quotes to inspire, motivate & empower you to achieve your career goals

Whether you grew up dreaming of a career in real estate or journeyed into it, it’s important to prepare yourself for the challenges of this career. I happen to be one of the kids who actually dreamed of working in real estate. My grandfather was a builder and owned and managed several properties him

Longbridge, Mutual of Omaha granted delay in reverse mortgage marketing lawsuit

Deadlines in a lawsuit and countersuit stemming from allegations of deceptive reverse mortgage marketing practices have been pushed out one month to the end of March and mid-April, respectively, as all parties in the case advocate for more time. This stems from a preliminary injunction request filed