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Operations
Coming Up:
Planet Home Acquires $10B In MSRs
Deal with Village Capital solidifies its position as a mortgage servicing rights (MSRs) investor.
Comerica Waves Goodbye to Mortgage Banker Finance Business
Says move will improve liquidity and loan-to-deposit ratio.
loanDepot Names Former CoreLogic Exec Its New CFO
David Hayes succeeds Patrick Flanagan; LDI Digital president, accounting & human resources officers also leaving.
Planet Home Acquires Platinum Home Mortgage Branches
Adds more than 20 branches licensed in 50 states.
Ellington Financial Agrees To Acquire AAIC
Deal expected to close in fourth quarter of this year.
Why We Care About Mortgage Servicing
Prepayment speeds are the key driver behind servicing values
Mortgage Banker
Colonial Savings To Halt Mortgage Origination Business
Texas-Based bank will focus on banking and mortgage servicing.
JPMorgan Chase To Cut 1,000 Jobs At First Republic Bank
Acquired the bank earlier this month after it was seized by federal regulators.
Maxwell To Acquire LenderSelect Mortgage Group
Denver-based fintech adds firm that provides mortgage services to community banks and credit unions.
First Home Mortgage Opens New Va. Branch
Appoints industry veteran Jodi White as branch manager.