January 8, 2021By Paul MuoloSoFi Jumps on the SPAC/IPO BandwagonAccording to figures compiled by Inside Mortgage Finance, SoFi sold roughly $1.9 billion of home mortgages to Fannie Mae in 2020, including $670 million in the fourth quarter alone.
January 7, 2021By Yemeng YangOcwen Mediation with CFPB Ends; Servicer Hikes Legal ReservesEven though the mediation effort has ended, Ocwen is still bidding on servicing portfolios...
January 5, 2021By Paul MuoloGuaranteed Rate to Buy Stearns; Blackstone Will Get Part of GROne twist: As part of the proposed transaction, Blackstone will take a stake in the Chicago-based GR. However, no specifics were provided.
January 4, 2021Genworth and China Oceanwide Don’t Renew Merger ‘End Date.’ A Partial IPO for MI Unit?
November 16, 2020By Dennis HollierShort Takes: Not Saying Much About Brickman / Timing? / Bailed Out By Home Prices: the FHA MMIF / COVID Stimulus Looking Doubtful / PNC’s M&A Move