Company CEO Brian Hale downplayed the news of an offering book, noting that it hired an investment banker because over the past 12 months Stearns has been approached by “a number of interested investors.”

Although there appears to be strong interest these days in mortgage banking firms, the outlook isn’t particularly bright for commercial banks.

AmeriSave, a nonbank, has not been without controversy itself.

Is it time to sell shares in Fannie Mae and Freddie Mac?

The days of the megabanks – Wells Fargo, JPMorgan Chase and Bank of America – buying mortgage companies (of any size) are over. Never again. Right?...

“Our intention is to be a top tier lender,” said Newman.

it appears the halcyon days of legacy MSR sales are over. Or so Ocwen is telling Wall Street.

Altisource Portfolio Solutions has rolled out a new operating platform for brokers, table funders and third-party vendors.

We understand that when stock analysts meet with Ocwen management, executives at the nonbank usually tell them to not even ask about the deal.

Since the housing bust, very few mortgage firms have securitized MSRs, though they have used securitization vehicles for advances.