Mortgage M&A Activity Continues Apace as Private Equity Firms Get More Comfortable with the Business
August 18, 2016
Since the beginning of summer, at least eight mortgage-related merger and acquisition deals have come to light and more are on the way, according to an analysis by Inside Mortgage Finance. To date, most of the activity has involved nonbank purchasers, with at least two of the acquirers – Home Point Financial and Caliber Home Loans – having private equity behind them. And of the eight, only one involves the sale of stock through a “franchise” transaction ...