The $1.5 billion offered by MIAC has an average interest rate of 4.22 percent and delinquencies of 2.65 percent.

A handful of investors, including Caliber Home Loans, are kicking the tires at PHH Corp., taking a close look at the company’s mortgage assets and platforms, investment banking sources told Inside Mortgage Finance this week. At this point in time, a sale of the company through a stock transaction is highly unlikely, but the disposal of some of its key assets – in particular, its $231.74 billion servicing portfolio – could finally materialize before yearend. It’s...

Some investors believe servicing prices now look enticing.

The question remains: who will buy PHH's assets? Is a franchise deal even possible?

Redwood is working to increase investments in first-loss risk on loan pools delivered to Fannie Mae and Freddie Mac.

On the production front, Walter’s Ditech unit reported $4.8 billion of new originations, a 3.4 percent drop compared to 1Q16.

TIAA is headed by Roger Ferguson, former vice chairman of the Federal Reserve Board.

California accounts for the largest share of the collateral at 12.8 percent, based on dollar volume. Florida is second at 8.6 percent.

At press time Wednesday, the share price of Nationstar was soaring...

Since Monday of this week, four mortgage-related merger deals have been unveiled, setting in motion what could turn out to be a long awaited mini-boom in activity. But can it last? So far, all of the transactions entail small- to medium-sized lenders, with most facilitated through “asset purchases” as opposed to stock sales. The one exception is the announcement by the publicly traded EverBank Financial that it’s currently engaged in takeover talks with what it called a “well-respected financial services company.” EverBank, which ranked 40th in originations for the first half of 2016 according to a tally byInside Mortgage Finance, is...[Includes one data table]