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Minneapolis, MN – December 7, 2023 – Rice Park Capital Management LP (”Rice Park”), a Minneapolis-based, private investment firm, announces it has recently formed an Advisory Board for its strategic equity investing strategy (“RPC Ventures”) […]
"Fannie Mae master servicing approval is yet another major milestone in the evolution and maturation of our Mortgage Servicing Rights ("MSR") business," said Shawn Kelly, Partner of Rice Park Capital Management. "We believe this approval […]
Capacity, a Rice Park Capital portfolio company and AI-powered support automation platform, has recently acquired Textel, a leading cloud-based texting platform. This strategic collaboration aims to enhance customer experience by integrating AI-driven SMS business...
MINNEAPOLIS, June 8, 2023 /PRNewswire/ -- Rice Park Capital Management LP ("Rice Park"), a Minneapolis-based, private investment firm, announces its venture capital strategy ("RPC Ventures") has made an investment into Purlin, a technology company that […]
In a recently published Q&A with MortgageOrb.com by Michael Bates, our very own Chris Bixby shares insights on the mortgage technology landscape from an investor's perspective. As a leader in Rice Park Capital Management, Chris […]
It’s no secret—we’ve all seen the headlines and experienced the fallout from the difficult rate environment, declining real estate valuations, and depressed mortgage originations.
Wells Fargo has finalized the sale of a $50 billion block of mortgage-servicing rights (MSR), a deal that is expected to close later this year, according to bank officials.
Nick Smith, the founder, managing partner and CEO of Minneapolis-based Rice Park Capital Management, sees the FHFA advisory bulletin as a positive development. “People generally don’t like regulation and don’t like being held to certain […]
Mr. Smith is the founder and Chief Executive Officer of Rice Park Capital, a private investment firm which invests broadly in the residential and commercial real estate finance, equity, and services sectors.
