Mortgage Cadence, the No. 3 loan origination system provider, believes it will pick up market share among nonbanks if the deal between the two heavyweight entities goes through.

Mid America will retain its focus on technology, third-party originations and secondary market executions for specialty products while helping the acquirer expand the scope of its operations.

Intercontinental Exchange Inc. is tapping the investment-grade market with a bond sale in as many as six parts to help finance its acquisition of the fintech.

The market is discounting the acquisition target’s stock price, largely over antitrust considerations, but execs dismissed the concern, and analysts said ways around it exist.

But the deal could be derailed by antitrust concerns given the size of both companies in the mortgage technology field.

The transaction is expected to keep revenues flat at the company at a time when mortgage origination volume is shrinking.

Some lenders and their parent companies are reconsidering their loan-channel mix and business lines as refinance volumes fall and margins shrink; others are doubling down.

The two companies, which have not received government approval to complete their now year-old pending deal, postponed the deadline to Oct. 31 and have decided to make the combined entity a national bank.

Health care, home improvement, cannabis, gaming and college students are among the areas banks are targeting with the help of innovative tools.

Market conditions drove the management team at Ellie Mae to take the company private back in 2019. Could the nation's largest servicing technology provider be considering the same thing?

The real estate franchisor's stock price fell by $16.85 per share since the deal was announced in January, making it a less attractive currency.

More than 500 employees will be affected by the acquisition, which includes rights related to 140,000 residential loans, but Community Loan Servicing will retain its name and commercial operations.

The Soquel, California mortgage broker will retain its current branding for the time being.

The international consulting firm adds to its suite of mortgage compliance products, which includes eOriginal.

CEO Michael Isaacs is merging a nonbank lender acquired last year with stakes in real estate and insurance firms, and has an aggressive growth plan for servicing.

The Houston bank negotiated the agreement with the National Community Reinvestment Coalition after closing its merger with BancorpSouth. That deal created a lender with $50 billion of assets and operations in nine states.

The merger, which was initially expected to be approved last year, will create one of the 10 largest banks across Illinois, Indiana and Wisconsin.

Multifamily and specialty finance loans, which were highlights during the fourth quarter, should increase further in 2022, company executives said.

The mortgage lender's CEO Brett McGovern speaks on how the deal came together and how the two will work together once the deal closes.

He is leaving the Texas-based nonbank lender less than one year after it was acquired by New Residential Investment.