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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Short Takes: Banks Get a Pass From the CFPB / Fannie Sells Special NPL Pool / The ‘Adverse’ Fee is Dead / Fair Housing Suits Revived / Things Not Looking Up for Genworth

September 2, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
The CHLA noted that almost 99 percent of depositories are exempt from exams conducted by the Consumer Financial Protection Bureau.
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Stearns Official Clarifies What Blackstone Will Do With Mortgage Units

September 1, 2015
When the Stearns announcement was made some of its competitors began speculating on what might happen to the acquisitions down the road.
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Jim Cutillo out as CEO of Stonegate Mortgage; Maybe a Sale is the Solution?

August 31, 2015
Paul Muolo
In a statement, Stonegate said Cutillo will be “redirecting” his “entrepreneurial energy on a new endeavor going forward.”
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What We’re Hearing: Will Banks Ever Return to Wholesale? / $354 Million for Stearns Lending? / Eventually, There Will be a Merger / The Dave Stevens ‘Flip-Flop’ Controversy / MBA’s Top Paid Consultants

August 28, 2015
Paul Muolo
What do nonbanks think about depositories avoiding the wholesale/broker sector? They love it.
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Short Takes: Fannie Gets the Origination Blues / Hopefully, It Won’t Come True / Marix Gets Freddie Approval / Freddie Grows. Don’t Tell FHFA / MIAC Hires Trading Desk Chief

August 27, 2015
Paul Muolo
If Fannie Mae's origination forecast comes true, just $615 billion in loans will be written from July 1 to Dec. 31, an ugly outlook indeed…
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Mortgage Banking Solutions Selling Wholesale Lender

August 25, 2015
Paul Muolo
MBS Managing Partner Chuck Klein said the company in question owns at least $3 billion in mortgage servicing rights...
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Did Blackstone Pay a Premium for Stearns? Not Likely

August 24, 2015
Paul Muolo
Stearns Lending has been on the auction block for well over a year, maybe longer...
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What We’re Hearing: Who’s Going Public? / The FIG of Houlihan Lokey Has Been Busy / loanDepot’s Investor? / Thank You, China / Chinese Nationals Need to Pay in Dollars / Mortgage Debt Should Rise Soon / How Donald Trump Might Pay Off Our Bills

August 14, 2015
Paul Muolo
When a nonbank unveils a nonconforming product that can’t be securitized the first question we ask is this: where will the loans ultimately reside?
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MIAC: First Half a ‘Buyer’s Market’ for Servicing Rights

August 13, 2015
Paul Muolo
Is the bulk MSR market in the doldrums?
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Short Takes: Neighborhood Watch Program Goes Down Without Explanation / Compass Point Repeats ‘Sell’ Rating on Walter / DeMarco Stresses Data Standardization / Houlihan Lokey Prepares IPO / Wolters Gets Ready for HMDA Changes / Carrington Hires PennyMac E

August 13, 2015
George Brooks, Carisa Chappell, and Paul Muolo
HUD's Neighborhood Watch system is down, but this cabinet level agency has no explanations for the press or public
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