Ocwen, which paid $360 million in cash for PHH, also disclosed: “The purchase price we negotiated contemplated PHH could continue to incur losses.”

Small- to medium-sized residential lenders are finding a home in today’s merger-and-acquisition market, but larger transactions are facing long odds with private equity investors sitting on the side-lines. At least that’s the view this week from a handful of advisors interviewed by Inside Mortgage Finance.

In past downturns, large lenders and servicers were either sold outright or they joined forces with like-sized companies…

Did CNBC's Jim Cramer do any research on the mortgage industry before he opened his mouth?

With loan production waning and profit margins thinning, investment bankers and warehouse ex-ecutives far and wide have been expecting a tsunami of mortgage-related mergers and acquisitions to sweep the industry. If there’s a big wave, it’s still out at sea.

The Chicago-based GR has been making loans in Hawaii since 2015…

One warehouse chief even suggested that in 1Q19, as many as 70 percent of nonbanks will lose money before the spring homebuying season kicks in.

According to a statement issued by Ocwen, while at Fannie Yanoti was responsible for developing the common securitization platform.

Altisource has a stock repurchase plan in place that expires at Dec. 31…

Loans in the pool have an average age of 24 months.