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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Summer’s Here and Mortgage M&A Market Is Heating Up; Stearns Pounces; Caliber and Flagstar Looking

June 15, 2017
The market for mortgage mergers and acquisitions is beginning to heat up with talk about who’s in – and who might be out. According to investment banking officials speaking under the condition they not be identified, Caliber Home Loans and Flagstar Bancorp continue to make their intentions known as buyers. “Caliber is looking to make a big splash,” noted one advisor who said he’s been contacted by the privately held lender. “And they have money behind them too.” That “money” would be...
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A Strong (but Balanced) Market for MSR Sales

June 14, 2017
Paul Muolo
The Ginnie MSR market has been in the tank the past two years, but has revived somewhat this spring…
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Who Says Realty Firms Shouldn’t Own MBs? Howard Hanna Buys Loan Brokerage Firms

June 9, 2017
Paul Muolo
Over the past five years, realty firms and lenders have been careful about joint ventures and other ownership ties…
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Seneca Mortgage Ready to Unload a $55 Billion MSR Package?

June 8, 2017
Paul Muolo
At March 31 Seneca’s residential servicing portfolio totaled $61.75 billion, making the company the nation’s 25th largest processor of loans.
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Flagstar Moves to Protect Mortgage Revenue with M&A Deals

June 8, 2017
Brandon Ivey
With the Opes transaction, Flagstar acquired 39 retail offices on the West Coast, supplementing the 99 retail branches it already had in Michigan and 43 other retail home lending offices across the nation.
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Short Takes: In Defense of the CFPB / A Hit Job? / Sale of EverBank to TIAA Ready to Close / ABA: TRID Changes are Needed / Pagliara’s GSE Lawsuit Dismissed

June 8, 2017
Paul Muolo, Thomas Ressler, and Carisa Chappell
Meanwhile, Rep. Maxine Waters, D-CA, issued a statement Thursday morning, defending the CFPB...
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Stearns Pounces in the M&A Game, Acquires Lending Assets of Primary Capital of GA

June 7, 2017
Paul Muolo
Houlihan Lokey was PCM’s advisor on the sale.
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Short Takes: More Refis? Really? / A Large MSR Deal? / Non-Fed CUs Get A Break from the FHFA / Vendor M&A / Supreme Lending Targets California and New Jersey Next

June 6, 2017
Paul Muolo and Carisa Chappell
We also caught wind of a large servicing auction that took place last week. The broker on the transaction had not returned a media inquiry on the deal...
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In the Mortgage M&A Game, Small and Medium-Sized Shops are Targets

May 26, 2017
Paul Muolo
In years past, RPM has been a selective buyer of mostly smaller shops.
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More MSR Offerings from Incenter

May 25, 2017
Paul Muolo
For the week, IMA rolled out $3.87 billion worth of servicing auctions.
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