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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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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IMA Offering $712 Million of GSE Servicing Rights

July 27, 2015
Paul Muolo
As the summer moves along, servicing auctions of all different sizes keep coming...
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M&A Roundup: More MSR Deals Hit the Market; Sale Of RoundPoint Mortgage Uncertain; Deal or No Deal?

July 23, 2015
Several large servicing portfolios of $1 billion or more hit the market in the past few weeks, but dealmakers and investors continue to wonder about the largest prize of them all: RoundPoint Mortgage, Charlotte, NC, which owns roughly $52.18 billion of receivables and ranks among the top 25. Investment banking officials who claim to have knowledge of the RoundPoint situation maintain that its owner, The Tavistock Group, is hell-bent on selling the nonbank, but as far as coming to final terms with a buyer, any buyer, that’s a different matter. It’s...
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Hatteras Reveals Purchase Price on Pingora; Will Invest Up to $500 Million in MSRs

July 22, 2015
Brandon Ivey
MSRs purchased by Hatteras will be held at Pingora Loan Servicing with the "excess" receivables going to the parent company due tax benefits enjoyed by REITs.
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Phoenix Selling $1 Billion Ginnie Mae MSR Portfolio

July 21, 2015
Paul Muolo
The loans are being serviced in-house by the seller on a Black Knight servicing system.
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Fitch Changes ‘Outlook’ Rating on RoundPoint to Negative, Citing ‘Corporate Restructuring’

July 21, 2015
Paul Muolo
To date, RoundPoint has declined to discuss the sale process or much of anything else with the media.
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