"2026" Arşivleri

Arşiv Sayfaları

Exclusive: Pennymac to acquire subservicing giant Cenlar for $257.5M

PennyMac Financial Services Inc. announced Wednesday afternoon that it’s acquiring Cenlar Capital Corp., the country’s second-largest mortgage subservicer. The all-cash transaction includes an upfront purchase price of $172.5 million and up to $85 million of contingent consideration payable over three years. It’s the first mergers-and-acquisitions (M&A) deal in the history of Pennymac. Cenlar’s subservicing business…

Consumer group sues Unison, alleging deceptive marketing of ‘no-debt’ home equity investment

Unison, one of the nation’s leading providers of home equity investments (HEIs), is facing a lawsuit from the National Association of Consumer Advocates (NACA), alleging that Unison deceptively markets its product as a “no-debt” home equity alternative. According to the complaint, Unison’s product functions similarly to a mortgage as homeowners receive an upfront cash advance…

Foreclosure filings are on the rise, placing more stress on servicers

Foreclosure activity continued to climb on an annual basis in January, even as filings declined from the prior month, according to a report released Wednesday by property data firm ATTOM. ATTOM’s January 2026 U.S. Foreclosure Market Report found that there were a total of 40,534 U.S. properties with foreclosure filings — including default notices, scheduled…

FirstTeam expands into Arizona with new Scottsdale office

FirstTeam is expanding into Arizona. On Tuesday, the firm announced the opening of FirstTeam Scottsdale. “Our expansion into Arizona represents an important next step in our national growth strategy,” Michele Harrington, the CEO of FirstTeam, said in a statement. “This new office strengthens our presence in the Southwest and allows us to bring our agent-first…