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.

The real estate investment trust has been buying residential business-purpose loans from the company since 2017.

This is the first deal that serial acquirer FOA has announced since it went public on April 5.

The Dallas company will pay nearly $54 million for a 49% stake in a lender that operates in 10 states.

For a lot of IMBs facing shrinking backlogs and falling secondary market spreads, the attraction of hitting a bid and taking the easy way out via an acquisition may become irresistible, writes Chris Whalen.

At first the deal seemed an unlikely marriage of two mortgage-heavy companies. But acquiring the Michigan company would help New York Community accomplish its two chief goals — reducing deposit costs and its concentration of multifamily loans — while giving it the scale to pursue more deals.

The merger would create a company with nearly 400 branches, 87 loan production offices and $87 billion of assets.

Better for mortgage businesses to take on the purchase market “storm” than batten down the hatches in port, writes LodeStar Software Solutions CEO Jim Paolino.

The Dallas company agreed to sell MSRs tied to $14 billion of mortgages to PHH Mortgage.

An interactive dialogue with Founder and CEO of NorthOne on the fintech industry, the growing needs of challenger banks, and the future of SMB banking.

The REIT is planning its own stock sale to pay for the all-cash purchase from Lone Star Funds.