Bookie Turned Glorious Leader Of Mortgage Lending Buys Ally Servicing Rights

Dan Gilbert’s Quicken To Pay $280M For $34 Billion Portfolio Of Fannie/Freddie Loans   Dow Jones Newswire via Fox Business Quicken Loans Inc., the online home lender, is buying a $34 billion mortgage-servicing portfolio from government-owned Ally Financial Inc. for about $280 million. The deal will expand the size of Quicken’s servicing business by nearly […]

Ocwen finalizes acquisition of Homeward Residential

Kerri Ann Panchuk, Housing Wire Mortgage servicer Ocwen Financial Corp. ($35.75 0%) has finalized its acquisition of Homeward Residential Holdings Inc., a company organized by private equity firm WL Ross & Co. in 2007. In a securities filing, Ocwen said it paid $243 million plus the book value amount of Homeward and its subsidiaries, making the aggregate purchase amount reach $766 […]

Mortgage Servicing News

MFI-Miami Was Featured in Mortgage Servicing News

MFI-Miami Was Featured in Mortgage Servicing News The Mortgage Servicing News is a major trade publication for the mortgage servicing industry. We were also in their sister publication, National Mortgage News MFI-Miami Files Bar Complaint Against Orlans Associates Evan Nemeroff, Mortgage Servicing News MFI-Miami has filed a complaint with the Michigan Attorney Grievance Commission against three […]

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