A home equity loan could provide the funding you need in an emergency in 2025, but there are pros and cons to know.
Higher mortgage rates may be making it harder for homebuyers, but they may have actually helped restore balance to the housing market, which has been out of whack for many years.
PennyMac Mortgage Investment Trust (NYSE: PMT) (the "Company" or "PMT") today announced that it is commencing an underwritten public offering of senior notes due 2030 (the "Notes"). The Notes will be ...
Portion of Proceeds from Securitization Notes Offering to be Used to Partially Redeem $125 Million of 10.50% Senior Secured Notes Due 2028LITTLE ...
A pre-foreclosure action was filed on the loan secured by 3,531 residential rental units in Manhattan, Brooklyn, Queens and ...
There are some credible reasons to borrow home equity from a paid-off home. Here are three owners should consider.
Unlike previous FIGRE deals where overcollateralization provided credit support to the notes, FIGRE Trust 2025-HE1 has a class G composed of principal-only notes that provide the credit support.
Chimera Investment Corporation (NYSE: CIM) announced that on January 31, 2025 it had sponsored CIM 2025-I1, a $287.7 million securitization of residential mortgage investor loans. The loans had a ...
Looking forward, PennyMac plans to maintain its pace of securitization activities, aiming for one deal per quarter. The company is also exploring opportunities in jumbo loans and prime non-QM loans, ...
Annaly Capital Management reported a strong economic return of 1.3% for Q4 2024 and an impressive 11.9% for the full year. The company's performance was bolstered by a decrease in borrowing costs, an ...
PennyMac Mortgage Investment Trust (NYSE: PMT) Q4 2024 Earnings Call Transcript January 30, 2025 PennyMac Mortgage Investment ...
PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $36.1 million, or $0.41 per common share on a diluted basis for the fourth quarter of ...