Stewart acquires MCS’s mortgage services business for $330 million
Title and real estate services company Stewart Information Services Corp., owned by SISCO Holdings, has entered into an agreement to acquire the mortgage services of property preservation provider Mortgage Contracting Services (MCS) for $330 million. The transaction, announced Friday, expands Stewar
Opendoor hits reset: The iBuyer goes full founder mode with new CEO
Opendoor’s recently appointed CEO Kaz Nejatian used the firm’s third-quarter earnings call with investors and analysts to introduce himself and reintroduce the company he has been tasked with turning around. “I’m a computer nerd turned lawyer, turned founder, but I think of myself primarily as a pro
Exclusive: NFM Lending grows footprint with Homespire Mortgage acquisition
Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage, the companies confirmed on Friday. The financial terms were not disclosed. With the acquisition, Linthicum-based NFM will expand its presence along the East Coast, while H
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