Another dealmaker said he’s working on a “large” deal with a coupon north of 5.00% but the details have yet to be worked out.

The Prestwick/MCT package has a weighted average coupon of 3.27% and a delinquency ratio of 2.35%.

The acquisition boosts Planet Home’s servicing portfolio to $94 billion.

BNC National Bank sold its consumer direct lending unit to First Federal Bank.

Roughly $1.6 billion in advances were attached to the portfolio.

Flanagan and Carrillo have been active sellers of loanDepot stock the past few months, according to SEC records.

Tonkel was a top executive at Friedman, Billings Ramsey, which took many a REIT public in the 2000s.

The Utah-based specialty servicer became the property of UBS during the recent bank liquidity crisis.

Everything was going relatively well at First Republic, until it wasn't...

More banks are considering leaving the residential lending/servicing sector or scaling back. Will these decisions, made during tough times, come back to haunt them?