What was once the government’s most trusted market stabiliser is now fighting for its own survival - dragged down by reckless borrowing, disastrous bets on overpriced stocks, and a staggering erosion ...

Rocket faces macro headwinds, margin pressure, acquisition costs, and valuation risks in a tough mortgage market. See why RKT ...

The Trump administration's push to dismantle the federal Education Department has raised a blunt, practical question for tens of millions of borrowers: what happens to their student loans if the ...

In the wake of PHH’s exit from reverse mortgages, FOA outlines its strategy to absorb PHH’s $9.6B HECM portfolio and prepare ...

Finance of America is buying Onity's MSRs and loan pipeline in this niche as PHH retains its role as a subservicer and ...

Consumer Portfolio Services ( ($CPSS) ) just unveiled an update. Consumer Portfolio Services has released an updated investor presentation, ...

Vervent Inc., a fintech leader in loan and credit card servicing, has successfully completed a large-scale credit card portfolio conversion to a new processing platform in under 180 days, underscoring ...

Finance of America agreed to acquire the home-equity conversion mortgage servicing portfolio and certain reverse-mortgage assets from PHH Mortgage.

In connection with the transaction, Finance of America will also acquire PHH's pipeline of reverse mortgage loans, bring select members of PHH's experienced origination team into its platform and ...