Owner of Former VA Mortgage Lending Giant Sued
The owner of a closed mortgage firm has been added to a federal whistleblower lawsuit accusing the company of overcharging veterans and defrauding the government.
Busy Pace of Mortgage M&As Continues
Along with a host of larger mortgage mergers and acquisitions that have been recently announced, several smaller deals have closed.
Mortgage Player Just Got More Significant
An investment fund that recently became a player in the world of mortgage banking has just made a huge acquisition that will boost its wholesale presence.
Former NY Mortgage Player Reemerges
The founder of a former New York firm that was a residential origination player is bringing her brand of lending back to the Big Apple.
Acquisitions Create Lending Giant
The mortgage subsidiary of The Blackstone Group LP has made several recent acquisitions that position it to be among the nation's largest non-bank home lenders.
Freedom Mortgage Makes Acquisition
Just a few months after disclosing plans to seek out new opportunities, Freedom Mortgage Corp. has made an acquisition.
CIT Acquisition of OneWest a Done Deal
The company that formerly operated as IndyMac Bank FSB has been taken over by a company run by the former head of Merrill Lynch.
After a spectacular rise to the top during the foreclosure crisis, special servicer Wingspan Portfolio Advisors LLC has landed in bankruptcy.
2 Financial Institutions Shut Down By Regulators
A small Colorado bank was seized by regulators last week and sold to the highest bidder, while a similar demise was met by a Pennsylvania financial institution.
Mortgage Layoffs Linger
Hundreds of positions in residential finance have been, or are slated, to be eliminated. Mergers are behind job cuts at two firms.