Settlements Reached With Taylor Bean Note Investors
Settlements have been reached between Bank of America Corp. and note investors of a company that spectacularly collapsed.
New England Bank to Acquire Billion Dollar Lender
The acquisition of a mortgage banking firm that originates more than $1 billion a year is expected to expand the footprint of a bank in the Northeast.
Impac Mortgage Originations More Than Double
Impac Mortgage Holdings Inc. expanded its wholesale sales staff and acquired a retail origination business -- helping it to more than double quarterly loan production.
MSRs on Over $3 Billion in Loans Change Hands
The parent of Reverse Mortgage Funding LLC is acquiring mortgage servicing rights on more than $3 billion in loans.
Bank Buying Texas Mortgage Banker
A deal has been negotiated for a home lender out of North Texas that funds nearly $0.2 billion a year to be acquired by a bank out of Abilene, Texas.
Founders Re-Acquire FBC
After three years under the ownership of another company, the founders and management of FBC Mortgage LLC have taken the company back.
HLSS Acquisition Converted to Asset Sale
Instead of completing an acquisition agreement with another company, Home Loan Servicing Solutions LTD will now sell off its assets.
BofA Settles Taylor Bean Lawsuits
A pair of lawsuits filed against Bank of America Corp. for its alleged role in losses suffered by note holders of a Taylor Bean & Whitaker Mortgage Corp. unit have been settled.
Layoffs Resulting from FHLB Merger
An upcoming merger of two government-sponsored enterprises will result in the layoff of more than a hundred employees.
National Lender Agrees to be Acquired
A company that has made a name for itself investing in structured settlements has made a significant investment in a national mortgage banker.