Servicing sales have been a boon to lenders this year as origination volumes head south. But are the good times about to end or is it a market in need of a breather?
Two Harbors Investment is buying RoundPoint Servicing from Freedom Mortgage, paying the tangible net book value of RoundPoint plus a premium of $10.5 million.
Rocket's new home-equity loan; NYCB waiting for regulatory approval on Flagstar merger; homeowners looking for financing for energy efficiency improvements.