The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.

The real estate and fintech company completed the purchase of 100% of Mortgage One Group, marking a major step in its push into AI financing.

The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.

The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.

At least nine Dallas-area institutions have agreed to sell themselves since late 2024, with the Oklahoma City-based MidFirst Bank's deal for Dallas Capital marking the latest transaction.

The Fathom Holdings purchase bolsters the retail platform's ambitions to become a one-stop shop for all homeownership needs, Bed Bath & Beyond's CEO said.

This industry executive finds subservicing mortgages impacted by rule changes and relatively higher delinquency rates helps test operations and keep them sharp.

Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.

Two Harbors opens a negotiating window for UWM this week for a revised offer, but the bid has to be all cash, the REIT will not entertain a stock alternative.

The companies now anticipate generating around $14 billion in annual origination volume, making them one of the biggest lenders in the country.

A credit union service organization is buying the division, which includes mortgage services provider QRL, while the seller repositions its home loan business.

Given the recent decline in UWM's stock price, it is likely Two Harbor's shareholders will choose cash, meaning the deal is no longer a positive, KBW said.

Five new employees joined All American as mortgage bankers, two of which received a senior title, and the lender welcomed another as a senior loan processor.

Following a recent acquisition, leaders of Valon and Carrington Mortgage Services discussed benefits of the agreement and the role of tech in servicing.

BCG finds lenders are turning to AI and M&A to permanently cut costs, even as origination volume and gain-on-sale margins showed year-over-year improvement in Q1.

Bank of Nova Scotia agreed to acquire Maple Financial Holdings Inc., which owns a small US commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry. 

Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. 

The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.

Beeline already owns 47.6% of MagicBlocks. Its platform has enabled Beeline's chatbot, Bob, which the company says has increased lead to lock conversions by 8%.

CrossCountry Mortgage, stating its competing bid versus UWM is the "highest premium paid for a mortgage REIT," hinted it could make other moves.