Is the long-awaited M&A tsunami finally here? Maybe, maybe not. But one thing is for certain: Some of the IPO class of 2020-2021 might be vulnerable.

The mortgage giant’s putative net worth jumped to $51.8 billion, but its shortfall in total adjusted capital increased to $272 billion.

The two REITs have seen success even as profits from mortgage lending decline thanks to diversification efforts involving business-purpose lending and venture capital investments.

It stands to reason that as origination activity declines, some CEOs might earn less money this year than last. But a few are sharing the pain by taking a salary of $1 a year.

While the Federal Reserve intervened in the mortgage market to lower rates, lenders did not pass along all the savings to homebuyers, the former Freddie chief said.

Some industry watchers caution that looming volatility from a potential economic slowdown could lead to an uptick in delinquencies and foreclosures.

New York Community Bank and Flagstar Bank are now pursuing their proposed merger under a national charter and have until Oct. 31 to close the deal.

The compensation package could raise eyebrows given that loanDepot’s share price fell to $2.83 Thursday morning.

The sale is expected to close in early 2023.

NRZ's Michael Nierenberg didn't whitewash it: “We are in a horrible market for mortgage originations.”