Celink, a servicer of reverse mortgages, has agreed to pay the federal government $4.25 million for violating the False Claims Act...

The investment banking firm Houlihan Lokey has been fielding offers for Ditech…

Matt Nichols, a former Goldman Sachs executive, launched Deephaven earlier in the decade as a correspondent buyer of non-QM loans.

The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...

Varde Partners, which four years ago purchased fledgling nonprime lender Deephaven Mortgage, Charlotte, NC, is now contemplating selling the company, industry officials who claim to have knowledge of the matter told Inside Mortgage Finance this week.

Ditech's shares now trade for just six cents apiece...

Founded 20 years ago, PRMI is a retail-only lender that funded $3.7 billion through the first nine months of 2018…

Liquidity means access to cash – and is a chief concern of Ginnie Mae acting president Michael Bright as well…

One advisor said he knows of three bulk transactions that are stalled: one sized at $7.0 billion, another at $16.0 billion, and one more at $24.5 billion.

Mark Stafford, a principal in MS Capital Advisors, New York, said larger firms are content to stay the course…