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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Short Takes: Will SCOTUS Allow Underwater Seconds to be Dismissed? / And Now a Word from RoundPoint / GSE Conservatorships: Long, Strange Trip, Man / A GSE Bill Passing? Not Likely / More on Nationstar

March 25, 2015
Brandon Ivey, Paul Muolo, and Thomas Ressler
Although RoundPoint isn’t taking any questions regarding a possible sale of the company, it recently published a statement regarding its co-issuance and subservicing businesses.
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Is the IBM-Owned Seterus About to Face the Music?

March 25, 2015
Paul Muolo
Getting information out of Seterus about its business is like trying to crack the Kremlin.
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Bank of America Sells GNMA Servicing Rights to Carrington. But How Much?

March 24, 2015
Paul Muolo
Sources note that earlier in the year, the privately held Carrington was the winning bidder on a roughly $20 billion package of Ginnie MSRs sold by BofA.
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Ocwen Dumping ‘Clean’ GSE Servicing Rights First; Then the Hard Part Comes

March 24, 2015
Paul Muolo
But now comes the hard part for Ocwen: Unloading Fannie Mae and Freddie Mac receivables that have delinquencies.
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Sale of RoundPoint Hits a Snag, Company Still In Play: Sources

March 23, 2015
Paul Muolo
"There was a deal, but it went by the boards," said one source close to the servicer.
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HLSS Faces Delisting From NASDAQ

March 23, 2015
Paul Muolo
Home Loan Servicing Solutions, which is slated for sale to New Residential Investment Corp., said it has received notice from the NASDAQ that it is no longer in compliance with the exchange's listing requirements, which means it could eventually be removed from the trading board.
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What We’re Hearing: High-Touch Toast? / Not Wells Fargo’s Idea? / Regulators Wake Up and Smell the Coffee on Nonbanks? / IMA Selling $20 Billion of MSRs / Citadel’s Nonprime Run-Rate Hits $300 Million

March 20, 2015
Paul Muolo
Interactive Mortgage Advisors is working on several servicing transactions totaling about $20 billion in product. But the receivables are being offered through private negotiation only...
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Houlihan Lokey: $500 Billion in MSR Sales This Year

March 19, 2015
John Bancroft
And let the selling begin! 2015 could be a banner year for MSR sales.
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Ocwen Inks Yet Another MSR Sale: $9.6 Billion of Freddie Product to Walter

March 18, 2015
Paul Muolo
Ocwen Financial is turning into an MSR selling machine!
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Sources: JPMorgan the Buyer of Ocwen’s $45B Fannie MSR Portfolio

March 17, 2015
Paul Muolo
Walter Investment also was looking at the Ocwen receivables, sources said.
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