Prosperity strikes deal to acquire JFQ Lending
Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel.
Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel.
The deal will cost Roc Capital as much as $30 million and will offload an FoA subsidiary division that offers residential real estate investment loans.
Six months after shutting down its correspondent division, Celebrity Home Loans’ retail channel is now at risk, sources told HousingWire.
Black Knight has decided to sell Empower in a bid to save the $13 billion deal with ICE, according to Reuters.
Appraiser eLearning (AEL) bought Valuation Expo and Appraisal Buzz from Joan Trice, who created the two entities about 20 years ago.Â
Nonbank mortgage lenders American Portfolio Mortgage Corporation and Town Square Mortgage announced on Wednesday that they are merging their operations.Â
Aurora Acquisition Corp. wants to extend the deadline of its merger deal with Better.com again, dimming prospects for the deal to go through.Â
Acquisition talks began in the fourth quarter, not long after Western Alliance bought non-QM aggregator Galton Funding and AmeriHome’s IPO was delayed.
The post Western Alliance to acquire AmeriHome for $1B appeared first on HousingWire.
Fresh off its acquisition of Stearns, Guaranteed Rate has picked up Owning Corporation, a direct-to-consumer mortgage lender.
The post Guaranteed Rate acquires DTC lender Owning Corporation appeared first on HousingWire.
Civic claimed to have originated more than $1 billion in 2020 as investors looked for new opportunities amid historically low interest rates.
The post PacWest Bancorp acquires non-QM lender Civic appeared first on HousingWire.