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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Branch Sales: Follow the Leader?

September 5, 2024
Paul Muolo
Although mortgage “franchise” deals have been few and far between this year, branch network sales have been a different story. One reason: Employees at those networks feel they might be better served under a more aggressive boss, especially with lower rates expected.
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SPS’ Presumed Buyer — Who Are These Guys?

August 28, 2024
Paul Muolo and Brandon Ivey
“They’re probably getting it at a good price,” said one nonprime executive...
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For Sale: $1B-Plus of GSE MSRs

August 27, 2024
Paul Muolo
The servicing sales market has slowed noticeably the past few months.
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Short Takes: Lower Rates? / Just Thinking About It / PIMCO, Bravo and Acra / Starter Home Sales / Armenta Departs Computershare for Incenter

August 27, 2024
Paul Muolo
Meanwhile, Acra is working on its first non-QM MBS deal, which is slated for issuance in September.
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Short Takes: Low Home Sales, Gradual Price Increases / Wells to Sell Part of Commercial Servicing Business / Forbearance Levels Increase / Better’s Stock Split

August 20, 2024
Brandon Ivey
Home prices increased by 0.2% on a monthly basis in July, according to Redfin.
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Usually an MSR Buyer, Freedom Decides to Sell a Little

August 19, 2024
Paul Muolo
Servicing transfer figures compiled by Inside Mortgage Trends show that last year Freedom purchased roughly $44.3 billion of bulk MSRs...
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More MSR Deals on the Horizon?

August 19, 2024
Paul Muolo
The MSRs include loans from Kentucky, Georgia and 22 other states...
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UBS Selling Mortgage Servicer SPS for Breakeven Price

August 14, 2024
Brandon Ivey
Select Portfolio Servicing handled servicing on mortgages with an unpaid principal balance of $166.70 billion as of the end of June, according to estimates by Inside Mortgage Finance.
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Short Takes: New Mortgage Reinsurer / Rocket Consistent With CES Securitizations / DSCR Loans in Non-Agency MBS / Growing Through Selling Servicing

August 13, 2024
Brandon Ivey
Skyward Specialty Insurance Group launched a mortgage reinsurance business.
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Servicing Transfers More Than Double in 2Q and Then Some

July 29, 2024
John Bancroft
More than half of the second-quarter bulk deals were attributable to two buyers: Mr. Cooper Group and Lakeview...
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