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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Omaha PE Firm Partners with Alterra Home Loans for ‘Significant’ Capital Raise

July 13, 2016
Paul Muolo
In 2015, Alterra Home Loans had a growth rate of 100 percent. The firm also has a small servicing portfolio but uses a subservicer to do the processing.
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What We’re Hearing: What’s $465 Billion Among Friends? / How Much More Business will Wells Fargo and JPM Cede to the Nonbanks? / Ocwen, Ocwen, Ocwen / Will the FHFA Hold a ‘Liquidity Summit’ on Nonbanks Too? / Higher GSE Capital Minimums?

July 8, 2016
Paul Muolo
Recently, rumors were making the rounds in Washington that Fannie and Freddie might be pondering an increase in their net worth minimums for seller/servicers...
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MIAC Offers Flow Deal That Could Net $900 Million Per Year

July 1, 2016
Paul Muolo
The product for sale is concentrated in Arizona, California, Florida and Texas.
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Short Takes: Maybe the ‘Brexit’ Rate Fall-Out Won’t Be So Bad for Servicers / 66% of Borrowers Eligible to Refi? / FHFA Tells Wrongdoers: Inflation Happens / Two M&A Deals Close / Zillow: FTHBs May Want to Wait

July 1, 2016
Macie Jones and Paul Muolo
A new report from Deutsche Bank estimates that a 3.5 percent rate on mortgages “puts roughly two-thirds of borrowers in the money to refinance…"
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Mortgage Company M&A Heats Up – In the Multifamily Sector; REIT Sells GSE MF Lender

June 30, 2016
Paul Muolo
Ares said it will use the cash from the sale of its mortgage banking subsidiary to its “principal lending portfolio.”
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Fear and Loathing in the Ginnie Mae MSR Market; The ‘MIP’ Factor?

June 29, 2016
Paul Muolo
There’s a growing concern about price discounts on Ginnie servicing rights, and a strong belief that the agency is once again getting anxious about so many nonbanks being such large players in the market.
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Short Takes: Walter Extends ‘Poison Pill’ Plan / What? / Large Positions in a Money-Losing Company / Why Mortgage Applications Fell, an Explanation / Nice Increases for Prosperity Mortgage

June 29, 2016
Paul Muolo
Among those reporting higher application volume is Prosperity Mortgage, the residential lending arm of realty giant Long & Foster...
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Phoenix Capital Selling $1.08 Billion of GSE Servicing Rights

June 27, 2016
Paul Muolo
The mortgages currently are being subserviced by a firm described as “DMI.”
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Short Takes: What’s an NBA Championship Worth? About 25 BPs / MountainView Selling Ginnie Mae MSRs / 20 Percent Down Isn’t the Right Answer? / Homeownership, a Complicated Affair / Ditech Hires Ex-SunTrust Exec

June 23, 2016
Brandon Ivey, Macie Jones, and Paul Muolo
Who needs a toaster when you can have a mortgage at a 25 basis point discount?
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Ginnie Mae Hosts ‘Liquidity Summit’ on Friday; A Concern That the Megabanks Have Split for Good?

June 23, 2016
Paul Muolo
How big of a deal in this liquidity summit? Well, officials from the Federal Reserve and Treasury Department will be there...
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