News

An Investment in Knowledge Pays the Best Interest

- Benjamin Franklin

Pennymac posted Q2 net income of $22 million, down 84% YoY, as lock volume fell 18% and adjusted ROE slipped to 7%.

Even though the Federal Reserve didn’t hike rates today, the hawks won three key victories with higher nominal and real yields.

For the first time, CoStar’s residential portfolio turned adjusted EBITDA positive, generating $12 million in profit.

The app replaces paper sign-in sheets with digital check-ins that create contact records, log attendance and collect visitor feedback.

Proprietary reverse mortgages drove industrywide volume to $9.65B in 2025 as HECM volume stalled and higher rates shifted product economics.

Research found that just over 40% of couples actively coordinate their 401(k) contributions to maximize employer matching funds.