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Home » Topics » Inside Mortgage Finance » Vendor News

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FTC Raises Concerns Over ICE-Black Knight Merger

September 22, 2022
Sam Manas
Intercontinental Exchange’s attempt to acquire Black Knight has been attacked by regulators, shareholders and mortgage lender trade groups. In other words, it remains to be seen if the deal will get done.
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Subservicing Growth Faces Headwinds

August 25, 2022
Paul Muolo
For the most part, subservicing growth has been slow, thanks to booming MSR sales and some non-traditional servicing owners shifting strategies. Cenlar, though, remains the nation’s number one subservicer. (Includes data chart.)
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Cenlar Beefs Up Its Default Team. As for Why…

August 18, 2022
Paul Muolo
When it comes to default management hires, subservicer Cenlar has been a busy bee, adding a handful of new VPs. Is it expecting an increase in delinquencies or is something else afoot?
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Cenlar’s Long-Time Chief Suddenly Retires

August 11, 2022
Paul Muolo
Cenlar, the nation’s largest subservicer, has a new leadership team. The move comes roughly 10 months after federal sanctions were filed against the firm.
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CHLA Seeks Antitrust Review of ICE-Black Knight Merger

June 16, 2022
Sam Manas
The Community Home Lenders Association has raised concerns that an entity with dominant market position could engage in anti-competitive behavior.
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A Rare Slowdown in the Outsourcing of Servicing

June 9, 2022
Paul Muolo
For years, the number of subservicing contracts has proliferated. But with loan production falling, there is less of a rush to use outsourcing vendors. Some lenders may even move the function inhouse. (Includes data chart.)
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SitusAMC Sees Opportunities in Contract Underwriting

April 21, 2022
Sam Manas
The company sees demand for contract underwriting from mortgage lenders trying to originate purchase mortgages and other new products amid margin compression.
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Subservicing Continues to Spread, Posts Steady Gains

March 3, 2022
Paul Muolo
The trend toward servicing outsourcing is continuing amid an MSR sale boom that could gain steam in the quarters ahead. (Includes data chart.)
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Rocket Puts Down Its Marker in the Personal Finance Space

December 23, 2021
Monica Hogan and Sam Manas
In a deal expected to close by year end, Rocket Companies will pay $1.28 billion in cash to acquire personal finance app Truebill, a six-year-old tech start-up with 2.5 million users.
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Can Sig Anderman Complete a Mortgage Tech SPAC?

December 23, 2021
Paul Muolo
One might think the mortgage SPAC thing has run its course. Maybe for lenders, but what about mortgage and real estate-related software? For star power, there’s Dave Winfield.
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