One of 2026’s latest acquisition deals involves two companies eyeing growth — one through addition and the other via the sale of assets, allowing it to focus on its core mission since inception. Processing Content The May deal between Valon Technologies and Carrington Mortgage Services spotlights two running themes in the current wave of mergers […]
How Valon and Carrington plan to crack a servicing tech duopoly Read More »
While both volume and gain-on-sale margins improved year-over-year in the first quarter, discussions between mortgage lenders and Boston Consulting Group revealed a heightened focus on artificial intelligence-driven transformations to permanently manage costs, strategic management company said. Processing Content Consolidation is also on the table as a way to scale operations. The company’s quarterly report tracks
The strategy shift lenders are quietly making Read More »
Bank of Nova Scotia agreed to acquire Maple Financial Holdings Inc., which owns a small US commercial bank, as the Canadian firm looks to expand its structured-finance business in the American mortgage industry. Processing Content The deal, which will see the lender take over MapleMark Bank, is subject to customary closing conditions, Scotiabank said in
Scotiabank to buy small Dallas bank in mortgage-finance play Read More »
Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in the US housing market. Processing Content The offer of $72.50 per common share represents a 24% premium to the home builder’s latest closing
Berkshire Hathaway to buy Taylor Morrison for $6.8 billion Read More »
Xactus bought a platform used by its competitors and turned it into a new subsidiary and company leaders say the deal is less about market share than where fintech is heading. Processing Content The purchase of Mortgage Credit Link, the web-based order fulfillment platform serving consumer reporting agencies, by Xactus’ parent company brought with it
Xactus turns a rival’s tool into its own fintech bet Read More »
Beeline Holdings, a mortgage and fintech platform, entered into a nonbinding letter of intent to acquire 100% of MagicBlocks, the company announced in a press release Thursday. Processing Content The move is expected to expand Beeline’s artificial intelligence capabilities and improve its initiatives across digital mortgage automation, AI-assisted lending operations, blockchain settlement systems, tokenized real
Beeline Holdings to acquire 100% of AI real estate company Read More »
Three mortgage giants are in limbo yet again as Two Harbors adjourned another shareholder meeting Thursday. Processing Content Two Harbors in a press release said it wants to provide additional time to solicit additional proxies in favor of an acquisition bid by CrossCountry Mortgage. The company adjourned a shareholder meeting last week as competing interest
Two Harbors postpones vote as CrossCountry touts final offer Read More »
The change in the rate environment has revived a focus on servicing this year for originators, which may account for some of the current merger and acquisition fervor. Processing Content Not only has the recapture rate nearly doubled since 2023 and has March’s trigger lead ban implementation restricted the ability of outside lenders to compete
Why servicing is so important to mortgage originators now Read More »
NEXA Lending entered into what it described as a “strategic investment and phased acquisition agreement” with Copper Ridge Ventures. Processing Content Copper Ridge Ventures is a holding company for mortgage joint ventures owned by Tim Owens. NEXA noted its president, Geri Farr, and Tammy Richards, its chief strategy officer, have had a relationship with Owens
NEXA makes ‘strategic investment’ in Copper Ridge Ventures Read More »
Artificial intelligence could soon upend how secondary market assets are priced and traded, and mortgage technology leaders say the industry may never look the same. Processing Content Its abilities are only set to improve just as they are on the originations side of the industry, resulting in a possible reset of asset trading processes as
AI set to reshape secondary market pricing and trading Read More »