Private equity

A report from the Financial Stability Board said limited transparency in the private credit market makes it difficult for regulators to monitor and understand risks, potentially masking challenges to the financial system.

The Treasury Department held a high-stakes huddle with state insurance officials to discuss risks associated with the rapid growth of private credit in the economy and whether those investments could pose systemic vulnerabilities.

The Top 50 Firm is acquiring a firm based in the northwest suburbs of Chicago that specializes in real estate clients.

Evergreen Residential has secured $1 billion in capital commitments to support its three business lines, including lending, in investment real estate.

The Top 50 Firm based in Cleveland is the latest to receive a private equity investment, in this case from Lovell Minnick Partners.

The new round of growth capital, led by investor 8VC, will go toward advancing the San Francisco company's AI capabilities.

Among the mortgage industry investors in the product and pricing engine provider are Movement Mortgage and First American Financial.

The company has seen business ramp up as servicers have sought additional help managing escrowed funds following last year’s refi boom.

After massive fundraises and IPO rumors swirled, the originator and servicer announced it will merge with Aurora Acquisition Corp. and go public in the fourth quarter of 2021.

The deal definitively ends a monthslong war of words between the data provider and stakeholders who attempted a hostile takeover.

The substantial Series D fundraise fuels speculation on whether Better.com will be the next mortgage company to hop on the IPO trend.

MCS isn’t the only distressed mortgage services entity gaining interest from investors as poor economic conditions threaten more hardships for homeowners.

Fintechs are facing unique challenges in the pandemic. There might be a resurgence in funding on the horizon, but startups are looking to see what they can do now to weather the storm.

The private equity megalith's mortgage trust made a second-quarter net income of over $17.5 million and $85.2 million in core earnings.

Sellers are currently willing to concede discounts of around 5%, while bidders are hoping for about 20% off pre-pandemic prices. That estimated gap, which is likely wider in specific cases, has put a freeze on deals.

Terry Wakefield, a technology consultant who helped launch Fannie Mae's mortgage-backed securities business and form Prudential Home Mortgage, has died. He was 70.

Manufactured and modular home lender Tammac Holdings is using $60 million in debt and equity financing from its new majority owner to fund construction loans.

Lennar Corp. is selling a portion of its Rialto business to Stone Point Capital for $340 million, adding to Stone Point's holdings in the real estate and financial industries.

Billionaire Dan Gilbert's Quicken Loans Inc. outgrew almost every U.S. mortgage provider by unfurling technology like its online Rocket Mortgage platform faster than big banks.

DoubleLine Capital is embarking on a plan to originate and securitize mortgages, seeking to fill a niche that has traditionally belonged to banks and brokerage firms.