PennyMac is putting a positive spin on the arbitrator’s ruling, saying the decision allows it to continue to use the disputed loan servicing software “free and clear of any restrictions.” Continue reading
To satisfy antitrust regulators, ICE divests itself of Black Knight’s loan origination and mortgage pricing businesses, but gets access to mortgage loan servicers and MLSs in $11.9 billion merger. Continue reading
Thanks to its Home Point Capital acquisition and other pending transactions, the loan servicing giant delivered upbeat Q2 results Wednesday and expects to hit a $1 trillion target by year’s end. Continue reading