Not only are several mortgage banking firms exploring sale opportunities these days, but dozens of vendors that serve the industry either have changed hands or are up for grabs as well – with more deals expected in the months ahead.

There are some in the industry who believe the entire subservicing sector is far behind in technology and customer service – and is ripe for a technology disruption of a major kind.

The way things stand today, those finalists include at least two industry veterans…

MISMO noted that blockchain is based on digitized, distributed ledgers…

An ominous sign: 80 percent of mortgage companies surveyed earned a pre-tax financial profit for the year, compared to 94 percent tin 2016.

As a practice, IBM rarely says a word about Seterus...

Ditech added that under new leadership, the lender/servicer “continues to develop and execute various strategies to improve” its performance.

The Garden State is following in the footsteps of Pennsylvania, which created a Consumer Financial Protection Unit last July and hired a former CFPB attorney to lead the initiative.

CEO Jay Bray was eligible for a maximum bonus of $6.90 million…

Is Bank of America doing a slow fade on mortgages?