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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Incenter Selling $2.15 Billion of GSE Servicing Rights

May 23, 2017
Paul Muolo
California accounts for the largest chunk of receivables at 34.9 percent.
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What We’re Hearing: Let the M&A Party Begin? / Stocks Long Overdue for a Sell Off? / Walter's Tony Renzi Earns his Paycheck? / Caliber and Citadel Promote Non-QM Loans / A New Hire for Amherst

May 19, 2017
Paul Muolo
But can Walter/Ditech grow its lending business in a highly competitive market?
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PHH, Ocwen and Walter All Have the Same Plan: Sell MSR and Continue as the Subservicer

May 17, 2017
Paul Muolo
All three hope to raise cash by selling MSR assets, eliminate the need to hold large sums for servicing advances and – importantly – buy some time.
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Prestwick Selling $1 Billion MSR Package Tied to Fannie Mae Loans

May 12, 2017
Paul Muolo
The MSR package is top-heavy in Massachusetts receivables at 94 percent…
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Servicing Sales Market Looking Much Stronger

May 11, 2017
John Bancroft
The MSR market is in a good place now, said MountainView’s David Bennett.
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Phoenix Selling Almost $5 Billion of Servicing Rights

May 8, 2017
Paul Muolo
The company that owns the portfolio was described in the offering circular only as an “experienced seller.”
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CEO of Fix & Flip Lender Finance of America Commercial Departs – Two Months After His Shop was Bought

May 4, 2017
Mark Filler, CEO of “fix and flip” lender Finance of America Commercial, Chicago, has parted ways with the company two months after its parent company bought his firm, Jordan Capital, and merged it with another lender in the space. According to sources close to Filler, his departure came as a surprise. When the deal was first struck in February, Filler was put in charge of FOAC, which combined Jordan with B2R Finance. When the merger was announced, Filler looked...
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Slated for Sale, Stonegate Takes Loss in 1Q17; Originations Down 39 Percent

May 4, 2017
Brandon Ivey
At March 31, Stonegate serviced $17.42 billion of mortgages, up 6.9 percent from the previous quarter…
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Nonbanks Continue Assault on MSR Market; New Residential Emerges as a Major Player

May 4, 2017
John Bancroft
In no time at all, New Residential has become the nation’s sixth largest owner of residential servicing contracts.
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Mortgage Advisory Firm Collingwood Group Acquired by Global Player Situs

May 3, 2017
Brandon Ivey
Collingwood was founded in 2009 by industry veterans Brian O’Reilly, Brian Montgomery and Tim Rood.
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