Mortgage M&A Market Heats Up as Ocwen May Be Prepping for Sale and JPMorgan Looks for SoFi Buyer
October 26, 2017
For the most part, 2017 has been void of any headline-grabbing merger-and-acquisition deals affecting the mortgage market, but all that is about to change. Investment banking and mortgage officials believe two enticing possibilities are now considered in play: Ocwen Financial, the nation’s 12th largest servicer of home mortgages, and Social Finance, the formerly ballyhooed “fintech” lender that has taken a stab at the jumbo origination space. Ocwen, which has been losing ...