With the Opes transaction, Flagstar acquired 39 retail offices on the West Coast, supplementing the 99 retail branches it already had in Michigan and 43 other retail home lending offices across the nation.

Meanwhile, Rep. Maxine Waters, D-CA, issued a statement Thursday morning, defending the CFPB...

Houlihan Lokey was PCM’s advisor on the sale.

We also caught wind of a large servicing auction that took place last week. The broker on the transaction had not returned a media inquiry on the deal...

In years past, RPM has been a selective buyer of mostly smaller shops.

For the week, IMA rolled out $3.87 billion worth of servicing auctions.

When’s the last time a publicly traded mortgage company was sold in a stock transaction?

As summer approaches, the mortgage mergers-and-acquisitions market is heating up – with mostly talk. However, soon that chatter may lead to actual deals. According to investment banking sources, at least three mid-sized nonbanks may pull the exit parachute soon, with offering books ready to follow. The identity of the three firms was not provided, but the firms are well known, said one source. Meanwhile, the list of possible buyers hasn’t changed...

Servicing advisors Steve Harris and Mark Garland view the MSR market as improving…

California accounts for the largest chunk of receivables at 34.9 percent.