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Retiring Ellie Mae CEO Jonathan Corr and new ICE Mortgage Technologies President Joe Tyrrell discuss how the two companies will be merged.September 25
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Called it a better all-around process for United Wholesale Mortgage to become a publicly traded company.September 25
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The Charlotte, N.C., company recently closed on a sale of its Cohen Financial platform to SitusAMC.September 23
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Weeks after Rocket Cos. launched its own IPO, the wholesaler is merging with a special-purpose acquisition company in a deal that values it at over $16 billion.September 23
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The company also found a buyer for its portfolio of equipment finance loans as it tries to clean up credit and refocus on middle-market lending.September 23
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Westcor has been gaining market share, growing to 5.9% of premiums written in 2Q 2020, versus 3.4% in the first quarter of 2019.September 21
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The deal brings yet another mortgage origination component under the same roof.September 16
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The potential acquirers included a "go shop" provision as a sweetener in the rejected offer.September 15
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The financial industry has praised the measured approach taken in a pending regulation on permitted communications with consumers. But two recent complaints by the bureau against debt collectors reflect a potentially aggressive enforcement stance.September 11
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Inconsistent loan processing was a pain point for Remax's Motto Mortgage franchisees and the acquisition should solve that, executives said.September 2
