Subservicing

M&A
August 18, 2020 3:01 PM
Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a MSR portfolio of over $300 billion.
1 Min Read
October 21, 2019 11:01 AM
BSI Financial's chief executive weighs in on changes in the interest rate environment, the evolution of digital mortgage servicing and natural disasters.
4 Min Read
MSR
August 12, 2019 10:14 AM
An $8 billion mortgage servicing rights package consisting of newly originated conforming loans is up for bid, according to broker Incenter Mortgage Advisors.
1 Min Read
M&A
August 2, 2019 1:37 PM
Freedom Mortgage's planned purchase of J.G. Wentworth Home Lending would add 570 employees and 35 offices across 46 licensed states and increase the acquirer's servicing portfolio by $6 billion.
1 Min Read
May 29, 2019 4:11 PM
BSI Financial agreed to pay a $200,000 fine along with restitution to settle allegations from the Consumer Financial Protection Bureau that it mishandled mortgage servicing rights transfers for loans in the loss-mitigation process.
3 Min Read
M&A
May 24, 2019 12:34 PM
Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a major subservicer and will increase the Mount Laurel N.J.-based company's mortgage servicing rights portfolio by nearly 44%.
2 Min Read
MSR
May 16, 2019 3:05 PM
An institution that services housing finance authority loans is putting $2.65 billion in servicing rights from Washington state up for bid through the Mortgage Industry Advisory Corp.
1 Min Read
MSR
February 22, 2019 11:22 AM
BSI Financial Services received a capital infusion for the subservicer to acquire mortgage servicing rights for its own account in order to offer its clients more liquidity for this asset.
1 Min Read
January 9, 2019 11:15 AM
Cascade Financial Services has become the only manufactured housing loan-focused servicer currently rated by Fitch, adding signs of a rebound in factory-built home financing that could lead to new private securitization.
2 Min Read
M&A
January 3, 2019 6:05 PM
Mr. Cooper Group is buying servicing rights on $24 billion in mortgages, a subservicing contract for an additional $24 billion in home loans and the Seterus platform from IBM.
1 Min Read