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  • Freedom Mortgage to acquire RoundPoint Mortgage Servicing

    Freedom Mortgage and RoundPoint Mortgage Servicing are planning to merge, the companies announced Friday. The deal will make RoundPoint a wholly owned subsidiary of Freedom and boost its servicing portfolio to more than $300 billion. Click the headline to read more.

Articles Tagged with ''Florida''

Waterstone Mortgage changes up leadership in Southeastern U.S.

Names three new regional vice presidents
Waterstone Mortgage Corp. recently announced it is making changes to its leadership in the Southeast with the appointments of three new regional vice presidents. The national lender added David Holbrook, Dustin Owen and Michael Smalley as regional vice presidents for the Southeastern area of the nation.
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Better Mortgage locks in approval to lend in Florida

Now available in 12 states and Washington, D.C.
New York City-based Better Mortgage added another market to its wheelhouse, announcing it is now licensed to lend in Florida. The online lender announced that the approval means it is officially licensed to do business in 12 states, along with Washington, D.C.
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Florida also alleges widespread servicing failures at Ocwen

Attorney General Pam Bondi files lawsuit against nonbank
The Consumer Financial Protection Bureau and the members of the Multi-State Mortgage Committee were not the only ones to take action against Ocwen Financial on Thursday for the nonbank’s mortgage servicing practices. The state of Florida also sued Ocwen, along with the company’s subsidiaries Ocwen Loan Servicing and Ocwen Mortgage Servicing, for “mortgage servicing misconduct.”
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Florida real estate agents targeted by elaborate fake Realtor group

Complex scam threatens Florida Realtors with license suspension
Florida Realtors, which boasts 165,000 members in 55 boards and associations, issued a warning to its members this week after Realtors in the state recently began receiving letters from the “Florida Board of Realtors” that claim the Realtors real estate license is in danger of suspension. The issue? The “Florida Board of Realtors” doesn’t exist.
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Lennar finalizes $643 million acquisition of WCI Communities

Lennar pays all cash, citing upside for company’s stock
Lennar is officially growing its business as the company announced Friday that it completed the acquisition of WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida. The companies first announced the deal back in September 2016, and after some financial due diligence, the deal is now complete.
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Remember Florida’s foreclosure crisis? Residents do as they head to the polls

Florida heads to the polls
The country once again finds itself closely watching Florida as residents head to the polls in a state that could decide the election. Less than a decade ago, however, the country instead was watching the state fall apart due to a heaping amount of homes going into foreclosure. So how is this impacting voters?
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WCI Communities doesn't find better offer; $643M merger with Lennar to move forward

"Go shop" period expires, but deal isn't done yet
When WCI Communities, a “lifestyle community developer and luxury homebuilder” headquartered in Florida, announced last month that it agreed to a “definitive merger agreement” with fellow homebuilder Lennar for $643 million, the company said that its board was going to take a 35-day “go shop” period to seek a better deal. Now, the 35-day “go shop” period is over and the merger with Lennar is moving forward, but it’s not a done deal yet.
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