Uncategorized

Ellington Financial nears servicer acquisition agreement

Ellington Financial is approaching a deal to acquire a “small” servicer, with expectations of an agreement to come later this quarter.  Processing Content The investment manager and parent company of reverse lender Longbridge Financial teased the pending acquisition in a second-quarter earnings call, noting any newly purchased assets would not necessarily have a noticeable impact […]

Ellington Financial nears servicer acquisition agreement Read More »

Dream Finders finally buys Beazer, cites mortgage benefits

After months of trying, Dream Finders Homes finally acquired Beazer Homes, creating a larger pool for its mortgage business. Processing Content Dream Finders entered a definitive agreement to buy Beazer in an all-cash transaction for about $2.2 billion, the companies announced in a press release Friday. Beazer shareholders will receive $33.50 in cash for each

Dream Finders finally buys Beazer, cites mortgage benefits Read More »

William Pulte.jpg

Pulte threatens build-to-order companies with GSE price curb

Federal Housing Finance Agency Director Bill Pulte has turned his attention back to using Fannie Mae and Freddie Mac to exert pressure on homebuilders. Processing Content Pulte said in a social media post that his current concern is an Evercore report that build-to-order companies have moved back away from serving first-time buyers. “Keeping a close eye

Pulte threatens build-to-order companies with GSE price curb Read More »