Ackerman is receiving a lucrative retirement package, including $20,000 to cover out-of-pocket expenses in connection with striking the deal…

The flow of broker-originated FHA and VA loans into Ginnie MBS increased by 63.1% during the second quarter, hitting $16.78 billion...

Impac Mortgage Holdings, a publicly traded nonbank, is providing the underlying collateral for the deal...

Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...

Not all auction houses reveal their offerings and many deals that get done are privately negotiated with little in the way of publicity.

Besides IMA, two other servicing brokerage firms are active in the space as well: MIAC Capital Markets Group, New York, and Situs AMC, Denver.

Annaly Capital Management led the pack in sequential MBS growth at 14.5%...

The suit was filed by Rodney Harrell, a Virginia homeowner, who obtained a residential mortgage from NYCB Mortgage. The right to service Harrell’s loan was transferred to Freedom, which in June 2017 bought some of NYCB’s MSR portfolio.

Meanwhile, KBW said it’s maintaining forward earnings estimates and $1 a share price target for both mortgage giants. Its overall rating is “underperform.”