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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Incenter, Phoenix Hit the Market with Bulk MSR Offerings

October 23, 2017
Paul Muolo
According to the offering circular, delinquencies on the Ginnie Mae package total 8.19 percent...
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Agency Servicing Transfers Caught Fire in 3Q17, Reshaping MSR Market

October 20, 2017
John Bancroft
In the third quarter, Movement Mortgage was the top seller of MSR assets via the coissuance market…
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What We’re Hearing: A Good (but Not Great) Year About to End / A Top-10 Lender for Sale? (No) / Will Mel Watt Clear the Air on ‘Zero Capital’? / The Freddie Mac Rumor / Ocwen’s Future May be Now?

October 20, 2017
Paul Muolo
Plenty of executives we’ve spoken to the past few months believe the industry is in for a considerable spate of M&A in the year ahead. Then again, we’ve heard that prediction before...
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Ocwen’s Departure from the Wholesale Sparks Speculation: An Eventual Sale?

October 19, 2017
Paul Muolo
Ocwen’s recent barrage of regulatory settlements, coupled with the sale of the wholesale division and the recent hiring of investment banker Chris Whalen, is sparking talk...
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Short Takes: Princeton Mortgage Enters Wholesale Arena / Ocwen Settles with Lone Star State / Stipulations Regarding REALServicing / The Original Trademark / Angel Oak Hires Fund Manager

October 19, 2017
Paul Muolo
Ocwen settled with Texas regulators as well...
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MIAC Sets Auction for Fannie Mae MSR Portfolio

October 16, 2017
Paul Muolo
The seller of the MSR package focuses on the California market...
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Short Takes: Residential Production Plunges at Citi / MSR Holdings Down Too / But a Nice Profit for 3Q17 / JPMorgan Readies New Non-Agency MBS / Ocwen Exiting Wholesale Channel / Fannie Announces New NPL Auctions

October 12, 2017
Paul Muolo and Brandon Ivey
Citi’s third-party servicing portfolio is down to $49.1 billion from $147.6 billion at Sept. 30, 2016...
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As the New Quarter Begins, More GSE MSR Deals Hit the Auction Block

October 10, 2017
Paul Muolo
The first offering is for $524 million and comes from an independent mortgage banking firm…
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More Bulk MSR Packages Hit the Market

October 5, 2017
Paul Muolo
Loans from Maryland and Indiana represent a majority of the collateral at 37 percent and 25 percent, respectively…
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Short Takes: Deal Makers Bolt Houlihan for Hovde / ThomaLee Buys Controlling Stake in Ten-X / SoFi Reaches Out to Baseball Fans / It Had to Happen Eventually: ‘Crowd Funding’ for a Downpayment / CA VP Victim in Las Vegas Shooting

October 5, 2017
Paul Muolo
Houlihan as been a major player in mortgage-related deals ever since it purchased Milestone Partners earlier in the decade…
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