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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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MIAC and MountainView Out with New MSR Auctions

June 20, 2016
Paul Muolo
More servicing auctions are hitting the market but sellers have to be realistic on pricing...
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Seneca Outsources $50B in Servicing to Nationstar; NSM Takes Over Platform Too

June 15, 2016
Paul Muolo
A few months back, Nationstar was awarded a $55 billion subservicing contract from a depository…
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Mortgage Sector Sees Spike in M&A Activity. Will it Last?

June 14, 2016
Paul Muolo
Merger-and-acquisition activity in the mortgage sector has been relatively mild so far this year, but suddenly the table has turned with a handful of deals announced over the past two weeks and some lenders publicly stating their intentions as buyers. And one thing seems certain: It appears that all of the acquisitions will be accomplished through “asset” purchases as opposed to the acquisition of stock, be it private shares or otherwise. Guild Mortgage, San Diego, inked…
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M&A Activity Heats Up; Guild, Flagstar, Caliber, Impac Looking to Buy; Retail Lenders in Demand

June 9, 2016
Merger-and-acquisition activity in the mortgage sector has been relatively mild so far this year, but suddenly the table has turned with a handful of deals announced over the past two weeks and some lenders publicly stating their intentions as buyers. And one thing seems certain: It appears that all of the acquisitions will be accomplished through “asset” purchases as opposed to the acquisition of stock, be it private shares or otherwise. Early this week, Guild Mortgage, San Diego, inked...
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MIAC Offering $1 Billion-Plus of Mortgage Servicing Deals

June 8, 2016
Paul Muolo
The bid deadline on the $783 million portfolio is June 16. The other deal – heavy with Texas product – has a bid decline of June 15.
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Short Takes: NAR to CFPB: Tell Lenders They Can Share the Closing Disclosure Form / Sharing Already? / Don’t Expect Huge TRID Changes / Who’s For Sale? / Ellie Mae, Generous with its Directors

June 8, 2016
Paul Muolo
Rumor has it that a mid-sized nonbank based in the Western U.S. is entertaining takeover offers...
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Guild Agrees to Buy AmeriPro Home Loans of Texas, A $750 Million Per Year Originator

June 6, 2016
Paul Muolo
According to a statement issued by Guild, the acquisition will make the lender/servicer “one of the largest independent mortgage banking companies in Texas.”
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Caliber Home Loans in the Hunt for Other Acquisitions?

June 3, 2016
Paul Muolo
According to figures compiled by Inside Mortgage Finance, Caliber ranks 13th among originators, based on first quarter figures and 17th among servicers.
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What We’re Hearing: Director Watt, Don’t Let the GSEs Build a Capital Buffer? / What? / Ocwen Cuts U.S. Workforce, Stock Soars / Flagstar in the Hunt for a Retail Lender / Meg Burns, Consumer

June 3, 2016
Paul Muolo
The letter is meant to counteract correspondence sent earlier in the week to Watt from 10 trade organizations and community groups that want the GSEs to build capital...
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Short Takes: Quicken Top Contributor to New Redwood MBS / Cleveland Rocks for Quicken / Fannie Says Consumers Wrong on DTI / More MSR Deals / CAR Concerned About ‘Super Lien’ Status in California

June 2, 2016
Brandon Ivey and Paul Muolo
Fannie Mae said the result is that potential buyers may be wrongly disqualifying themselves before they even apply for a mortgage…
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