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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Industry Vet Newman Unveils Expansion Plans for New Mortgage Acquisition

April 2, 2015
Paul Muolo
Maverick, which will take on the Home Point name, services roughly $1 billion in home mortgages.
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MIAC and The Prestwick Group Offering New Flow and Bulk MSR Deals

April 1, 2015
Paul Muolo
The Prestwick Group is selling a Fannie/Freddie $167 million bulk deal with a monthly flow component of $15 million to $20 million.
Read More

RoundPoint Will Keep Buying Servicing on a Flow Basis; As for the Sale…

April 1, 2015
Paul Muolo
An outside public relations representative for RoundPoint said the company does not comment on M&A rumors.
Read More

Commercial Bank Selling $10 Billion of MSRs, But Looking for Subservicing Option

March 30, 2015
Paul Muolo
The selling depository – which MVSG did not name – prefers to retain servicing, but will consider an outright sale.
Read More

What We’re Hearing: PHH, Worth Double? / BofA, Slow and Really Cautious / No Cut in G-Fees? Here’s Why / Protecting Your Officers and Directors / A Market on Fire: VA Lending

March 27, 2015
Paul Muolo
Glenview is bullish on Ocwen but it also owns a large stake in the nonbank...
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RoundPoint Mortgage Sale Hits a Snag; Ocwen Not Likely to be Sold as a Going Concern

March 26, 2015
With the first quarter coming to a close, the mortgage mergers and acquisitions market shifted into high gear this week as Ocwen Financial stepped up its auction of agency servicing rights and new revelations surfaced that RoundPoint Mortgage was almost sold, but the deal hit a snag over pricing. According to investment banking officials familiar with the RoundPoint situation, a buyer backed away from the transaction because the servicer’s owner, Tavistock Group ...
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Short Takes: Nationstar Hiring? / Ocwen for Sale? / Is it Safe for Nonbanks to Start Originating Seconds? / A Capital Break for MSRs? / Impac Posts Loss

March 26, 2015
Brandon Ivey, Paul Muolo, and Thomas Ressler
Is it possible that Ocwen will sell the entire company and not just all of its agency servicing rights?
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Nationstar Reveals More MSR Purchases, but Stock Gets Hit on News of Secondary Stock Offering

March 25, 2015
Brandon Ivey
How is Fortress feeling this morning? It owns 70 percent of Nationstar's common.
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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.
Read More

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.
Read More
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