Commercial banks hate mortgages. No, they don't. Yes, they do. No they don't. Yes, they do...

As part of the transaction, Cobalt co-founders Keith Tibbles and Ernie Gehre will stay with the company, which will become a division of Caliber.

Over the past few weeks, a handful of mortgage firms have announced acquisitions of smaller shops with an eye toward expanding their origination footprints or servicing portfolios. And investment banking advisors told Inside Mortgage Finance that between now and yearend, the mergers and acquisitions market should be brisk as owners of privately held companies finally head for the exits, realizing that when it comes to originations, 2015 likely won’t be much better than the current year. The largest nonbank to test the M&A market this year is...

Some mortgage executives told us privately that residential originations could fall by 20 percent year.

Company CEO Brian Hale downplayed the news of an offering book, noting that it hired an investment banker because over the past 12 months Stearns has been approached by “a number of interested investors.”

Although there appears to be strong interest these days in mortgage banking firms, the outlook isn’t particularly bright for commercial banks.

AmeriSave, a nonbank, has not been without controversy itself.

Is it time to sell shares in Fannie Mae and Freddie Mac?

The days of the megabanks – Wells Fargo, JPMorgan Chase and Bank of America – buying mortgage companies (of any size) are over. Never again. Right?...

“Our intention is to be a top tier lender,” said Newman.