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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Phoenix Capital Busy with MSR Auctions

August 18, 2017
Paul Muolo
The average loan balance on the $779 million MSR package is $241,000…
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For Sale by MountainView: $94 Million of NPLs/RPLs and More

August 16, 2017
Paul Muolo
Over the past three years MountainView has sold $3.8 billion of whole loans as measured by unpaid principal balance…
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Firm Whose Affiliate Sued FMC Becomes ‘Capital Partner’ to Silicon Valley Lender

August 15, 2017
Paul Muolo
Little is known about Eli Global, which bills itself as a “privately held investment firm” with 5,500 locations in 20 locations globally…
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Short Takes: What REITs and Fannie & Freddie Have in Common / Replacing One Burden with Another / Who is Western Bancorp? / PHH’s Warehouse Providers / A New Hire for LenderLive

August 15, 2017
Paul Muolo
A higher dividend than what Fannie and Freddie pay?
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A New Player in Mortgages, CapLoc Gets Stung In Tangle with Former MBA President’s Firm

August 10, 2017
Not only has the proposed sale of First Mortgage Co. fallen apart, but a recent lawsuit filed against the company by a new warehouse lending firm raises serious questions about FMC’s recent profitability and its future. As Inside Mortgage Finance went to press this week, FMC was no longer making new loans, but was still servicing its past production, estimated at $1.67 billion. Company owner and CEO Ron McCord – one of six defendants sued by warehouse provider CapLoc – said...
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Large Servicing Sales Skew Toward Privately Negotiated Transactions

August 10, 2017
Paul Muolo
As the weekend approached it was unclear which suitor won the Seneca MSR portfolio…
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Movement Mortgage CEO Rebrands His New Bank as, You Guessed It, Movement Bank

August 8, 2017
Paul Muolo
According to Casey Crawford the recapitalized depository will focus on “loving and serving people.”
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Cherry Hill Inks MSR Flow Deal with RoundPoint Mortgage

August 4, 2017
Paul Muolo
CHMI was launched a few years ago by the privately owned Freedom Mortgage, the nation’s seventh largest originator…
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And the Beat Goes On: Nonbanks Keep Stealing MSR Market Share from Depositories

August 3, 2017
John Bancroft
Mortgage REIT New Residential posted a stunning 40.1 percent sequential growth rate in its MSR portfolio, according to Inside Mortgage Finance.
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A Blowout Earnings Quarter for New Residential; REIT Continues to Buy Servicing Rights

July 31, 2017
Paul Muolo
New Residential has purchased several servicing portfolios over the past year, acquiring rights from CitiMortgage, Walter/Ditech and United Shore, among others.
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