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.

But can Walter/Ditech grow its lending business in a highly competitive market?

All three hope to raise cash by selling MSR assets, eliminate the need to hold large sums for servicing advances and – importantly – buy some time.

The MSR package is top-heavy in Massachusetts receivables at 94 percent…

The MSR market is in a good place now, said MountainView’s David Bennett.

The company that owns the portfolio was described in the offering circular only as an “experienced seller.”

Mark Filler, CEO of “fix and flip” lender Finance of America Commercial, Chicago, has parted ways with the company two months after its parent company bought his firm, Jordan Capital, and merged it with another lender in the space. According to sources close to Filler, his departure came as a surprise. When the deal was first struck in February, Filler was put in charge of FOAC, which combined Jordan with B2R Finance. When the merger was announced, Filler looked...

At March 31, Stonegate serviced $17.42 billion of mortgages, up 6.9 percent from the previous quarter…