M&A
M&A
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Terms of the deal were not disclosed but both firms are nationwide mortgage originators, with CrossCountry claiming it is the top retail lender.
March 19 -
The delay in its shareholder meeting to approve the sale to UWM Holdings put Two Harbors back in play, and an undisclosed buyer has stepped up with a new offer.
March 19 -
The delay in its shareholder meeting to approve the sale to UWM Holdings could put Two Harbors back in play, but will it get the same price from another buyer?
March 18 -
Hale Capital Management purchased Voxtur Analytics after a tumultuous past few years that included financial struggles, and rebranded it as Apex Analytics.
March 16 -
The real estate investment trust said it needed more time for shareholders to vote in favor of the transaction, following speculation it was in trouble.
March 16 -
The smaller business owned by asset manager EJF Capital reported servicing 5,351 home loans with an unpaid balance of $1.18 billion in 2024.
March 16 -
Radian Group was looking to sell the aggregator, along with its title and real estate units, following a business model pivot related to the Inigo buy.
March 11 -
The fourth quarter results integrated the operations of both Redfin and Mr. Cooper into Rocket Cos., with the deals likely contributing to the full year loss.
February 26 -
The merger adds strengths of Direct Mortgage's conventional and government segments to the Lendermac platform, supporting the latter's growth ambitions.
February 25 -
Even after a servicing write-down, the GAAP net income of $164.4 million during the fourth quarter substantially topped comparative periods at UWM Holdings.
February 25 -
The impact of insurance costs, availability and related state rules also were top of mind at the Mortgage Bankers Association servicing conference.
February 19 -
An ugly legal dispute between two San Diego credit unions offers a warning about what can go wrong when careful relationship-building doesn't precede a marriage.
February 17 -
The company formerly known as Ocwen confirmed that a deferred tax asset valuation helped boost net income to common shareholders despite servicing challenges.
February 12 -
The multimillion-dollar acquisition boosts PennyMac Financial Services' total portfolio above $1 trillion and adds to a wave of industry consolidation.
February 12 -
Sridhar Sharma, Mr. Cooper's chief innovation and digital officer until it was bought by Rocket, is the new president of the mortgage servicing tech provider.
February 12 -
The lawsuit, which doesn't target UWM, accuses the REIT's CEO and board of directors of suspicious stock sales around the December announcement.
February 9 -
Bed Bath & Beyond purchased Tokens.com, a blockchain platform utilizing services from Figure, tZERO and ShyftLabs.
February 3 -
How the message from Sierra Pacific Mortgage could have been delivered in a better, more empathetic fashion rather than leaving affected workers embittered.
February 2 -
After the announcement last fall, Embrace added local staff and increased marketing nad outreach in New Jersey to assist potential Oceanfirst borrowers.
January 23 -
Executives surveyed by American Banker said companies vying to wrestle market share from banks are a major threat to operations in the coming year.
January 21














