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 ...
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 ...
Mortgage servicing rights trades have shifted from necessity-driven sales to strategic portfolio moves, reflecting evolving ...
Third-quarter mortgage earnings revealed swings in profitability, but the real story, according to the Chairman of Whalen ...
These are very resilient business models. Once you outsource your admin to a third party, it’s very sticky, because it’s a ...
Abstract: This article proposes a novel trajectory planning framework for the Experimental Module Manipulator (EMM) on-orbit servicing (OOS). For a start, the simulation system of the EMM based on ...