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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Mortgage M&A Outlook: Plenty of Buyers, Not So Many Sellers

January 9, 2015
Paul Muolo
Since early September, at least 14 mortgage company acquisitions have been announced publicly, according to a database of deals compiled by Inside Mortgage Trends.
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What We’re Hearing: The FHA Fix Was in at the White House / 40-Plus Trade Groups Can’t be Wrong? / National Sales Director Out at Top-Ranked Retailer / A New Cash-Out Refi Loan That Might Surprise You / Do You Ever See the Customer Anymore?

January 9, 2015
Paul Muolo
The national director of retail sales at a top-20 ranked lender is out in the cold. Details to follow...
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News Briefs

January 9, 2015
Standards for qualified-residential mortgages along with risk-retention requirements for certain non-agency mortgage-backed securities take effect Dec. 24, 2015. The final rule establishing the implementation date was published in the Federal Register at the end of December 2014. Federal regulators first detailed...[Includes two briefs]
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Impac Inks Deal to Buy Mortgage Division of CashCall

January 8, 2015
Paul Muolo
In 2013, CashCall sold roughly $10 billion of residential servicing rights – a sale that may have been forced by Fannie Mae, sources told IMF.
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Impac Inks Deal to Buy Mortgage Division of CashCall

January 8, 2015
Paul Muolo
A spokesman for Impac said the purchase price will be disclosed “when the final docs are filed.”
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Will Nationstar be the Big Kahuna of MSR Acquisitions?

January 6, 2015
Paul Muolo
A spokesman for the company told IMFnews that the company does not discuss specific meetings it has with regulators...
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Short Takes: Ocwen Clocked Again / New Mortgage Blood? / What’s Next for Sig Anderman? / WaMu Lives, Well Sort Of / Auction.com Sees Possible Shift in CRE

January 6, 2015
Brandon Ivey and Paul Muolo
“There’s a lot of 60- and 70-year old mortgage managers out there.”
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Servicing Market Heats Up Early: A $4.2 Billion MSR Portfolio from MVSG

January 5, 2015
Paul Muolo
MountainView did not identify the company selling the servicing rights except to say it is a “well capitalized servicer.”
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What We’re Hearing: The Top Mortgage Stories of 2014: A Kinder, Gentler FHFA; The Ocwen Disaster; Nonbanks (Except for Ocwen) Continue to Thrive; The End of QE; A Mortgage M&A Boom in Miniature; The FHA MMIF Returns to the Black…

January 2, 2015
Who knows, maybe Mel Watt will allow Fannie and Freddie to build retained earnings. (Don’t bet on it, but it’s an issue worth debating.)
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Short Takes: PHH May Unveil Renegotiated Private-Label Deals Soon / LOs are Hot, Mortgage Executives Are Not? / NPL Sales Weak of Late? / Large Wholesaler Enters 3% Down Market / Pingora Rocks in MSRs

December 31, 2014
Paul Muolo
According to Rick Roque, who heads MenloGlobal, “for the most part, executive level opportunities are stagnant, unless production comes with it."
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