Leaders of its parent company touted the success of subscription models and also made a case for its proposed merger with Black Knight in an earnings call

Servicing numbers propelled the REIT to the positive third-quarter result, while the company also announced it had acquired a stake in a commercial real estate investment firm.

That amount of consolidation would be a leap from the previous three-decade high of 33 in 2018, according to Stratmor.

The $93 million deal comes one year after Cavco, a manufactured housing construction company itself, completed the purchase of another builder, The Commodore Corp.

New York-based broker platform Prevu currently offers buying and selling services in the Northeast, Texas and the West Coast.

Eighteen months after the $2.6 billion deal was announced — and five days before the Oct. 31 deadline — New York Community is still waiting for regulatory approval to buy the Michigan bank. On their joint earnings call, the companies wouldn't say where the deal stands.

The transaction allows for portfolio defense as well as supporting Marlin's move into Ginnie Mae servicing.

And a trio of large publicly traded nonbank lenders looking to defend market share may consider buying those mid-sized brethren, a Keefe, Bruyette & Woods report said.

While intercompany relationships are established in any environment, activity seems to pick up when business declines.

The same day Provident Financial Services announced it had agreed to buy Lakeland for $1.3 billion, the seller disclosed an ongoing fair-lending investigation by the Justice Department. Provident said it has "not heard anything" that would give it pause.