Rocket, PennyMac price new debt offerings
Rocket Companies and PennyMac Mortgage Investment Trust priced new debt issuances this week. While Rocket is refinancing debt tied to its Mr. Cooper acquisition, PennyMac is supporting its investment and lending strategies.Rocket priced $4 billion in senior unsecured notes — $2 billion due in 2030 a
America once solved a housing crisis — then forgot how
As America wrestles with a historic housing shortage and affordability roadblocks, one urban planning expert believes the solution may lie in a little-remembered agency born more than a century ago during World War I.The U.S. Housing Corp. (USHC) — established in 1918 — was created to solve a growin
Clear Capital integrates appraisal reviews with ICE
Mortgage and valuation technology firm Clear Capital has integrated its automated appraisal review platform, ClearCollateral Review, with ICE Mortgage Technology’s Encompass Partner Connect.The move allows lenders to access appraisal review tools directly within their loan origination systems.Encomp
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