As part of our look back on 2013, theMReport.com reviewed some of the biggest wheelers and dealers in the MSR world over the last year.
Read More »Optimal Blue Acquires LoanSifter, Builds on Operations
Optimal Blue, a cloud-based services provider headquartered in the Dallas area, announced its acquisition of LoanSifter, Inc., a leading provider of product eligibility and pricing, point-of-sale, and marketing solutions for lenders.
Read More »Flagstar to Sell $40.7B in Servicing Rights to REIT
Flagstar Bancorp, Inc., announced a deal with Matrix Financial Services Corporation, a subsidiary of Two Harbors, an REIT. According to Flagstar's announcement, the agreement covers the sale of $40.7 billion in unpaid principal balance on residential MSRs, an amount making up about 55 percent of Flagstar's mortgage loans "serviced-for-others" portfolio. The pool of loans covered in the deal is made up of loans originated mostly after 2010 and serviced for Fannie Mae and Ginnie Mae, the announcement says.
Read More »Stonegate Expands with New Acquisitions
Stonegate Mortgage Corporation, a non-bank mortgage firm focused on origination, financing, and servicing, announced the acquisition of the wholesale lending channel and certain distributed retail assets of Nationstar Mortgage Holdings.
Read More »Reverse Vision Integrates Appraisal Services with Product Update
In San Diego, ReverseVision, Inc., has updated its flagship ReverseVision product to integrate its powerful new ReverseAccessVision (RAV) module.
Read More »Stewart Lender Services Acquires Allonhill Assets
Stewart Lender Services (SLS), a leading provider of servicing and mortgage origination support services, has entered the capital space with its acquisition of key assets of Denver-based Allonhill, LLC., a due diligence and risk management firm.
Read More »Jones Lang LaSalle Acquires Quadrant Realty Finance
Jones Lang LaSalle (JLL) announced the acquisition of Dallas-based Quadrant Realty Finance (QRF), a debt and equity origination platform.
Read More »Continental Title Holding Co. Acquires Assured Title Company of Warrenton
Continental Title Holding Co., Inc., an independent title insurance agency with headquarters in St. Louis, announced the acquisition of Assured Title Company of Warrenton, LLC.
Read More »Ocwen Completes Purchase of Nation’s Biggest Reverse Mortgage Lender
Ocwen Financial Corporation announced the closing of its deal to acquire the country's largest reverse mortgage lender. The Atlanta-based financial services holding company announced in October it had entered into an agreement with Genworth Financial Corporation to purchase Liberty Home Equity Solutions, at the time known as Genworth Financial Home Equity Access. The purchase price was approximately $22 million. Ocwen CEO Ron Faris said the deal "positions [Ocwen] well in a market with enormous future growth potential."
Read More »ResCap Completes Sale of Servicing Assets to Ocwen
Residential Capital, LLC (ResCap) announced it has completed the sale of its servicing platform assets to Ocwen Loan Servicing, LLC.
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