The seller of the portfolio, who was not identified, wants to complete the transaction by July 31.

Although some conventional lenders are struggling with lower volumes, Angel Oak and Citadel Servicing Corp. are humming along...

A commercial bank buying a large mortgage company? Yes, indeed...

The REIT was vague when describing what the cash will be used for, sticking to the standard line about using the proceeds for “general corporate purposes.”

Roughly 95 percent of FAMC's production comes from brokers and correspondents, according to Inside Mortgage Finance...

Based in Durham, NC, the privately held Eli Global has insurance assets and tries to keep a low profile.

The consolidation tidal wave approaches ... or maybe not...

According to the offering circular, the average loan balance is $230,368 with delinquencies totaling 5.80 percent...

If stated income appears to be overstated by 15.0 percent or more, PointPredictive notifies the lender so additional verification can be completed.

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.