The delay to July 2 is the fourth time a shareholder vote on CrossCountry’s bid for Two Harbors has been pushed back.

Two Harbors seeks cash-only offer from UWM; Capital One executive nominated for director of CFPB; SPS settles servicing issues with California; First Federal selling third-party origination business to Mortgage Forward; Sunflower Bank and OceanFirst sell multifamily assets.

Industry analysts believe that the bidding war for Two Harbors Investment could inflate future acquisition prices for servicers.

The second postponement of the shareholder vote on CrossCountry’s acquisition offer signals that the bid needs to be higher.

Scotiabank’s planned acquisition of MapleMark Bank will provide Scotiabank with FDIC deposit insurance, which could help fund warehouse lending by Scotiabank.

New offering lets homebuyers save up to $20,000 on a home purchase or sale when they use Rocket and a Redfin agent.

Rocket claims prepayment rates on the loans bought as part of UWM’s MSR deals are roughly 2.5 times greater than prepayment rates for comparable pools and resulted in nearly $100 million in damages.

The delay signals that CrossCountry Mortgage will have to increase its bid price, according to analysts tracking the battle for Two Harbors.

Carrington Mortgage is set to acquire Valon Mortgage, which primarily operates as a subservicer with a focus on Ginnie Mae loans.

The Two Harbors board has recommended that shareholders vote against UWM’s recently revised proposal to acquire the company.