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In April 2021, Newrez a mortgage lending and servicing unit under New Residential agreed to acquire Caliber Home Loans from Lone Star Funds in a $1.675 billion deal. In February 2022, Newrez laid off 386 employees or about 3% of its mortgage division. [9] In October 2021, New Residential acquired Genesis Capital from Goldman Sachs. [10]
As you look at Q2 financial highlights, book value $12.39 per diluted share, GAAP net income of $213 million or $0.43 per diluted share, earnings available for distribution $231 million or $0.47 ...
1995-2000. In 1995, John Paul Reddam founded DiTech Funding Corporation (DiTech) in Costa Mesa, California. [ 3] The company's name was derived from the phrase “direct technology.” [ 3][ 4] DiTech became one of the first lenders to offer mortgages to the public online and via a toll-free number. [ 3] In April 1995, Reddam began originating ...
Newroz or Nawruz [1] (Kurdish: نەورۆز, Newroz) [2] is the Kurdish celebration of Nowruz; the arrival of spring and new year in Kurdish culture.The lighting of the fires at the beginning of the evening of March 20 is the main symbol of Newroz among the Kurds.
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