Rithm Capital, the parent company of multichannel lender Newrez, announced on Tuesday that it has closed a transaction with Great Ajax Corp., which resulted in the purchase of 2.9 million shares of its peer’s common stock.Rithm, a New York-based real estate investment trust, has invested in becoming

The National Association of Realtors addressed concerns of agent steering in its latest update to its commission lawsuit settlement FAQs. The topic of steering — when a buyer’s agent or broker prevents buyers from seeing homes that offer commissions lower than is typical for a market or discourages

Oren Alexander, a top real estate broker and co-founder of the Side-brokered firm Official Partners, along with his twin brother, Alon Alexander, have been accused of raping at least two women in New York. The two lawsuits were filed in March 2024 and were first reported by The Real Deal.The lawsuit

The parent company of top 10 reverse mortgage lender Liberty Reverse Mortgage has completed its shareholder-approved rebranding initiative, transforming the former Ocwen Financial Corp. into The Onity Group. The initiative has also transitioned the company’s New York Stock Exchange (NYSE) ticker sym