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Onity targets $150M debt raise via PHH subsidiaries

Onity Group — the parent company of PHH Mortgage Corp. and its subsidiary, Liberty Reverse Mortgage — plans to raise $150 million through a debt offering to qualified investors via two of its subsidiaries, the company announced Monday. PHH Corp. and PHH Escrow Issuer LLC are offering senior notes due in 2029 at an interest…

Samara installs its first modular home for Altadena wildfire victims

Samara, a California-based manufacturer of accessory dwelling units (ADUs), installed its first modular home for wildfire victims in Altadena, Calif., on Thursday, in partnership with nonprofit organization Steadfast LA.  The installation, which took place last week, is part of a local rebuilding effort in response to the damage caused by the Eaton Fire and Palisades…