Earlier this year Cherry Hill agreed to buy Aurora Financial Group and its $700 million servicing portfolio for $4 million. Included in the purchase was Aurora’s agency approvals.

If Fannie Mae bought a servicing platform Congress, of course, would blow a gasket...

In general, depositories have not been active buyers of mortgage companies, though that’s starting to change somewhat.

The Wall Street firm hunting for mortgage acquisitions is not a depository like JPMorgan Chase...

The original merger agreement, unveiled in late February, was an all-cash deal valued at $1.3 billion.

Maverick, which will take on the Home Point name, services roughly $1 billion in home mortgages.

The Prestwick Group is selling a Fannie/Freddie $167 million bulk deal with a monthly flow component of $15 million to $20 million.

An outside public relations representative for RoundPoint said the company does not comment on M&A rumors.

The selling depository – which MVSG did not name – prefers to retain servicing, but will consider an outright sale.

Glenview is bullish on Ocwen but it also owns a large stake in the nonbank...