Exclusive: CrossCountry Mortgage demands payment from former LOs, invokes 2-year non-solicitation
Documents show the company is demanding 75 bps for each refinanced loan on former customers
CrossCountry Mortgage
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CrossCountry says borrowers are saving an average of $2,500 with VantageScore 4.0
Company cites a 62-bps average LLPA reduction in the first 60 days after scores improved
CCM pushes conforming loan limit to $845,000 ahead of FHFA announcement
Increase aims to give conventional lending options to more high-balance borrowers
TWO wins final regulatory approval for CCM deal
TWO shareholders to receive $12 per share in cash plus stub dividend
CCM to issue $500M in senior notes as Two Harbors deal nears closing
CrossCountry Intermediate Holdco (CCM) is expected to issue $500 million of senior unsecured notes, coinciding with the projected August closing of its Two Harbors Investment Corp. acquisition.
As CCM is poised to win the TWO bidding war, an integration test awaits
With CrossCountry Mortgage’s deal to acquire Two Harbors Investment Corp. one step closer to the finish line after securing shareholder approval, the focus is shifting to what may be the next major challenge: integrating the businesses.
Don’t give away your future: Why servicing is becoming a strategic asset
A servicing portfolio gives you access, but it doesn’t automatically create loyalty. This is where customer experience becomes critical.
UWM, Two Harbors CEOs clash in emails ahead of CCM deal vote
Executives at United Wholesale Mortgage and Two Harbors Investment Corp. raised the heat in an email exchange during their latest round of deal negotiations.
UWM challenges Two Harbors board over rejection of $12 per share bid
UWM Holdings Corp. is challenging Two Harbors Investment Corp.’s board after it rejected a $12 per share acquisition proposal in favor of an $11.30 per share deal with CrossCountry Mortgage LLC.
CrossCountry raises bid for Two Harbors after rival offer from UWM
Two Harbors announced Tuesday that it amended its merger agreement to increase the all-cash price CrossCountry will pay to $11.30 per share.