Roughly 68% of the collateral is located in California. The seller would like to strike a sale agreement by the end of September.

Mining for gold in the hills of the mortgage vendor community? Hey, isn't that Bill Foley?

The bulk of the REIT’s involvement in the non-QM market so far has been through LendSure Mortgage, an originator it owns a stake in...

Black Knight said the Fannie/Freddie forbearance measurement fell by 15,000 units while the FHA count increased by 5,000. The private-label/portfolio tally rose by 10,000 loans.

Break out the smelling salts: Freedom Mortgage bought RoundPoint after all...

The SPAC, which carries the name Foley Trasimeme Acquisition Corp. II, has a stated goal of effecting mergers and/or buying capital stock in the “financial technology space.” Asset acquisitions are also part of the plan.

Is Ocwen in play? It would like to be...

Investment bankers point to the obvious: Bid prices are hardly enticing, especially with 30-year fixed-rate loans being offered at 3.0% or less...

The Ginnie Mae market was hit particularly hard, with bulk transfers crashing 81.0% to just $11.63 billion.

The seller is described as a “well-capitalized, independent mortgage banking entity managed by industry veterans.”