HousingWireHousingWire PennyMac Financial Services has raised $850 million in debt in an oversubscribed transaction on Thursday. The California-based mortgage lender and servicer initially planned to issue $650 million. The new senior notes, guaranteed on an unsecured senior basis, pay 6.875% per annum and mature on May 15, 2032. The proceeds…
Continue reading →HousingWireHousingWire The economic headwinds facing real estate brokerages keep piling up, and it’s taking a toll on RE/MAX. On its first-quarter 2025 earnings call Friday morning, the company disclosed year-over-year declines in revenue, agent count and operating cash flow, leading to an adjusted net income loss of $3.2 million. CEO…
Continue reading →Anna Brown Citizens Count Executive Director Anna Brown chats with NH Business Review editors Mike Cote and Amanda Andrews on civics education and legislation currently moving through the state house. This episode of NH Business Review’s Down to Business podcast is sponsored by Northeast Delta Dental. What the power of…
Continue reading →HousingWireHousingWire  A real estate agent’s guide to fearless proactive lead generation By Tim and Julie Harris Call reluctance is a career-killer for real estate agents. That stomach-churning fear of rejection or fumbling a call is normal—but it’s not acceptable if you’re serious about your career. To dominate your market, you…
Continue reading →HousingWireHousingWire When industry experts think about what could lead to a significant departure of loan officers and real estate agents, two main things come to mind:Â AI and market conditions. Although AI and market conditions will have some level of impact, a much bigger game-changer is coming to the industry….
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