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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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WJB and RPM Mortgage Settle Suit Over Alleged Theft of Customer Data

August 5, 2015
Paul Muolo
The case caught the attention of many loan officers and managers because it centered around the basic issue of what type of client information an LO can take with them when they depart one organization for another.
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Phoenix Capital Selling $2.2 Billion of Servicing Rights

August 5, 2015
Paul Muolo
The Fannie Mae portion of the MSRs is top heavy in California product at 44 percent of the receivables.
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Blackstone Stays Mum on PMAC Deal, Despite Social Media Postings

August 4, 2015
Paul Muolo
Blackstone has bought at least one nonbank the past year and is eyeing several other acquisitions but has offered no commentary on its plans...
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Short Takes: PMAC and Blackstone, What Gives? / Meet the New Head of the NYDFS? / BofA Makes Progress on Mortgage Relief / Freddie Dumps NPLs / Home Point Hires Ex-Weichert Official

August 3, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
According to one published report, Gov. Andrew Cuomo is considering John Coffey as the next superintendent for New York Department of Financial Services.
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What We’re Hearing: It’s About to be Official: Blackstone Buying PMAC / Who’s Next on the Blackstone Hit List? / The Asking Price for RoundPoint is… / Ocwen’s Share Price Gets Clobbered Again / India Not the USA / The Return of Mark Filler

July 31, 2015
Paul Muolo
Potential investors in RoundPoint Mortgage include PIMCO, which so far has spent several million dollars on due diligence and legal costs...
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Ocwen’s Sale of Servicing to Nationstar Might Not Go Through

July 31, 2015
Brandon Ivey
“Of course, there are no guarantees, and all of our announced sales may not close as we currently envision,” said Ocwen's Ron Faris.
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MountainView Selling $2 Billion Ginnie Mae MSR Portfolio

July 30, 2015
Paul Muolo
The average loan balance in the package is $214,935.
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EverBank Boosts Originations, Sells $5.5 Billion of Servicing Rights to Green Tree

July 29, 2015
Brandon Ivey
Purchase mortgages accounted for 58 percent of EverBank's originations in the second quarter.
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Texas Lender About to Hit the Market; Five Mid-Sized Lenders for Sale?

July 29, 2015
Paul Muolo
Are more lenders considering selling their companies because of large potential fines they’re facing from the CFPB and HUD?
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David Lykken Leaving Mortgage Banking Solutions After Eight Years

July 29, 2015
Paul Muolo
Lykken said he wants to transform "one company at a time."
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