5 Beaten-Down Home Improvement Stocks to Scoop Up Now

Jerome Powell

Home improvement companies benefited significantly from surging consumer interest in renovation and remodeling activities amid the pandemic-led remote lifestyles. However, sowing home sales this year with soaring mortgage rates amid the multi-decade high inflation is hurting the industry’s growth. Many home improvement companies have witnessed sales declines lately. However, since […]

Castlelake Reaches Purchase Agreement for Home Improvement Installment Contract Receivables Originated by Credibly’s ProApprove Program

Jerome Powell

Transaction continues Castlelake’s strong momentum in specialty finance MINNEAPOLIS, June 13, 2022 /PRNewswire/ — Castlelake, L.P. (“Castlelake”), a global alternative investment manager with 17 years of experience investing in asset-rich opportunities, today announced an agreement with ProApprove to acquire up to $350 million of new home improvement installment contract receivables. ProApprove […]