The transaction expands the investment management company’s portfolio of mortgage and real estate companies, which includes Selene, Deephaven and Progress Residential.

After closing its merger with Caliber, the company also hopes to pare down expenses by at least 10%.

The deal for Michigan-based Flagstar Bancorp, announced in April, was originally expected to be completed by the end of the year. The New York bank’s CEO expressed optimism that it will still get regulatory approval.

The Alabama company agreed to buy two nonbank lenders earlier this year. It’s still on the lookout for possible deals, potentially in corporate finance or wealth management, its chief financial officer told American Banker.

The deal is the investment company’s second since it launched on Sept. 28.

Goldman Sachs, Truist and Regions have all made deals to acquire home improvement lenders. Here's why their executives are so bullish on the sector.

The Indiana company told investors that it’s ready to complete its combination with First Midwest Bancorp but that it’s unclear whether a recently filed mortgage discrimination lawsuit will get in the way of Fed approval.

An Indiana housing nonprofit wants the Fed to take a closer look at the proposed merger. Its latest move is a lawsuit that alleges racial discrimination by the regional bank.

The real estate franchisor will retain its full ownership in the title agency, escrow and settlement services business.

The combined companies will have over 6,500 clients for its services.

The acquisition of Sabal Capital Partners, which has been growing its footprint in commercial mortgage-backed securities lending, will help the Alabama bank build out its capital markets business.

The purchase of The Commodore Group facilitates the Phoenix-based company’s expansion into the Northeast market and adds to its presence in the Midwest and Mid-Atlantic.

Chief Information Officer Scott Case and his staff are building patent-pending technology to transfer data from legacy BB&T and SunTrust systems to new digital channels while preserving the best of each company's platforms elsewhere.

Following completion of this sale and that of the valuation business, Xome will focus on real estate auction and asset management.

All of the NTC employees will join Covius, including the company's senior management, following the deal's completion.

With its sale to Blue Ridge Bankshares set to close within months, FVC Bankcorp is moving to diversify by taking a 29% stake in Atlantic Coast Mortgage.

The deal comes with a 10-year agreement for Arch to serve as the exclusive mortgage insurance provider for Westpac LMI’s former parent financial institution in Australia.

The company is divesting itself of another piece of Xome after previously peddling Title365 to Blend Labs.

The acquisition of Florida-based Service Finance Co. would expand the North Carolina bank’s presence in the point-of-sale lending business.

The company's expanded portfolio through its acquisition spree drove revenue, representatives said.