Fifth Third Bancorp announced on Monday that it has agreed to buy MB Financial in a transaction valued at approximately $4.7 billion. The combined company will then rank fourth in total deposits and second in retail deposits in Chicago market. It will also have a 20 percent share of middle market relationships in Chicago, ranking it second.

UHM has roughly 130 retail branches across 36 licensed states…

Residential firms looking to sell mortgage servicing rights are in a sweet spot right now. However...

HomeStreet restructured its mortgage business last year…

Much of the product is projected to come from California, Florida and Texas.

As of the end of March, Capital One handled a $25.78 billion servicing portfolio, making the firm the 49th largest servicer, according to Inside Mortgage Finance.

PHH CEO Robert Crowl: "Our team is fully committed to executing our business plans and meeting the closing requirements for our merger with Ocwen."

Fortress also controls roughly 500,000 shares of New Residential's common stock and holds options on 18.1 million shares.

The seller of the portfolio will provide full representations and warranties.

It appears the mortgage real estate investment trust sector – a somewhat stable universe the past few years – might be ready for a major rollup, courtesy of margin compression and tighter margins.