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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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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IMA Selling Almost $5 Billion of GSE Servicing Rights

June 22, 2016
Paul Muolo
The market is beginning to see more MSR auctions, much of it tied to GSE product...
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PE Firms Rethinking their Massive Investments in MSRs?

June 21, 2016
Paul Muolo
Seneca – whose backers include The Blackstone Group, EJF Capital and Arbor Commercial Mortgage – may not be so growth-oriented going forward.
Read More
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