The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.

The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.

HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.

An acquisition this year could be one in a line of other future deals, potentially involving lenders or commercial real estate firms, Ellington executives said.

If the deal is completed, the companies will form the sixth-largest publicly traded homebuilder in the U.S. with about $6.6 billion in combined revenue.

Greg Abel's first major deal at the helm of Berkshire Hathaway Inc. wasn't just a way to put a dent in a nearly $400 billion cash pile. It was also a bet on the American Dream.

Its success in a tough quarter was not just financial as it gained market share in both purchase and refinance volume to regain the No. 1 originator slot.

After shedding nearly 30% of its workforce in 2022, Envoy has leaned into a referral- and affiliate-based business model through strategic investments.

The lender disclosed a big investment, plus hefty, albeit declining, origination volume but revealed a major hedge-related net loss it blamed on the failed bid.

The deal wraps up the transformation efforts Radian announced when it agreed to acquire specialty insurer Inigo and divest the non-mortgage insurance units.

The deal bolsters Zions' ability to serve multifamily customers and creates a natural extension of its affordable housing lending program, management said.

The move builds on MeridianLink's lending lifecycle strategy, enabling institutions to engage with borrowers before, during and after the lending decision.

The merger was supposed to close on Aug. 3, but an approval was not received in time, although regulatory certainty was a selling point of the CrossCountry bid.

Earlier in the day, the company confirmed it made staffing reductions as it aligns its cost structure with its technology investments to help operations.

For the second consecutive quarter, the real estate investment trust recorded GAAP net income as it prepares to be acquired by CrossCountry Mortgage.

The sale comes several months after private equity firm Hale Capital Partners acquired the financially troubled company formerly known as Voxtur Analytics.

With margins remaining compressed, Bill Cosgrove sees mortgage industry consolidation continuing in the near future, and Union Home will be a player.

The Rithm subsidiary plans to reduce its involvement in decentralized operations through an agreement with the American Pacific Mortgage affiliate.

A $160 million deal to merge Hometown Financial Group subsidiaries and Primary Bank will lead to consolidation under a single brand name of TruNorth.

A dividend cut is what some feel likely to be next for UWM, in order to reduce leverage levels which are well above competitors Rocket and Pennymac