As the outlook for originations – especially refis – continues to worsen, more nonbank mortgage firms may consider selling out to larger competitors later this year, according to interviews conducted by Inside Mortgage Finance.

Meanwhile, several large MSR packages are currently out for bid.

The average loan size could be as high as $227,000…

Of course, Ditech has a bit of back story…

A few weeks back, Phoenix Capital was in the market with a flow MSR offering that carried a maximum size of $540 million…

Ditech Financial, the nation’s 12th largest servicer of home mortgages, is officially on the auction block and it comes at a time when several nonbanks are heading for the exit ramp. Now, the big question: Can Ditech be sold in a stock transaction or will it be an asset sale?

In July 2017, the vendor named Rob Clements chairman and CEO and John Surface president and chief operating officer. Both came over from EverBank Financial…

HomeStreet continues to deemphasize its role in residential mortgages…

According to sources familiar with the matter, Stearns is looking at other acquisitions as well...

Two years ago, loanDepot scuttled a much talked about initial public offering of stock...