According to figures compiled by Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with $343.0 billion of contracts at Sept. 30. New Penn ranks 46th among lenders.

Last year, Mortgage Banking Solutions brokered five deals. This year, the firm hopes to complete four and maybe five…

Guild Mortgage, San Diego, has expanded its presence in the Midwest...

The sale of mortgage banking franchises and asset-related acquisitions are gaining traction as the year draws to a close, but dealmakers aren’t expecting any blockbuster moves before yearend. According to interviews conducted by Inside Mortgage Finance with investment banking advi-sors, many lenders remain profitable and are enjoying a 2017 that turned out to be better than expected in terms of origination volume.

The Fannie/Freddie receivables would come primarily from California, Florida and Texas.

Meanwhile, there’s already speculation that Capital One – known for its prowess in credit cards – might eventually re-enter the mortgage business in one way or another.

More M&A deals are expected in the quarters ahead…

Today, just three depositories remain among the top 25 HECM lenders: First Bank (ranked 16th at mid-year), The Federal Savings Bank (19th) and Quontic Bank, FSB (21st).

PIMCO also has been buying non-agency mortgages, holding the paper in one of the funds it manages.

Impac says it’s not for sale, but sources contend the company is pitched by investment bankers quite frequently…