The deal comes just days after Figure closed on a capital raise that valued it at $3.2 billion.

In late July, the Justice Department notified the Houston bank of a potential lawsuit alleging violations between 2013 and 2017, according to a securities filing. Cadence said that its prospective merger partner, BancorpSouth, supports the settlement discussions.

The acquirer will use the liquidation of a residential mortgage company’s assets to move several notches up in the rankings.

The proposed acquisition comes just days after Better.com announced plans to buy London-based online loan broker Trussle Lab.

One provision calls for the Consumer Financial Protection Bureau to look at unfair, deceptive or abusive acts and practices regarding competition.

The New York-based lender projects it has a $3.6 trillion market opportunity outside of the U.S.

The White House is calling on the Department of Justice and federal regulators to give bank deals more scrutiny as part of a broader executive order meant to encourage competition across the U.S. economy.

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

This is the second acquisition in the private equity firm’s newly established technology vertical.

The deal comes after a tumultuous 12-month period for CoreLogic, which saw itself twice targeted for acquisition.

The deal will add $7.8 billion in reverse mortgage subservicing to Ocwen $6.7 billion portfolio.

The lender's founder and CEO says the acquisition of Roscoe State Bank will give it new products and referral sources.

This is the multi-hyphenate company’s sixth deal since the start of 2020 — a series of acquisitions in a variety of sectors within the industry, ranging from analytics to artificial intelligence.

Rather than completing another equity raise, the five-year-old mortgage technology company went looking for a partner.

The company, on the cusp of going public via a merger, recently added Wells Fargo to its client roster.

The deal adds to the burgeoning technology stack at the Houston-based title underwriter, which added NotaryCam in December.

The transaction goes a long way toward the company’s goal to amass MSRs with a total unpaid principal balance of up to $150 billion.

Guild announced the $196.7 million acquisition after reporting that it more than doubled its net income in the first quarter, compared to the last three months of 2020.

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 company is formally launching a new “non-mortgage” unit that will provide small loans for home improvement projects.