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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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IMA, MountainView Out with Large MSR Packages

November 24, 2014
Paul Muolo
The Prestwick Group and MIAC are also working on servicing deals.
Read More

Arvest Working on MSR Sale with a Subservicing Option

November 21, 2014
Paul Muolo
A sale of that size would greatly reduce the bank’s portfolio and would signal a strategy shift.
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CFPB Proposes Amendments to Mortgage Servicing Rules

November 21, 2014
Thomas Ressler
Other changes include: providing flexibility for servicers to comply with certain force-placed insurance and periodic statement disclosure requirements.
Read More

What We’re Hearing: Higher FHA Costs, Not Lower / The GOP in Favor of This Tax Hike? / How About Regulating Nonbank Lenders? / Cyprus? Wilbur Ross Really is a Bottom Fisher / Ocwen Isn’t the Only Servicer That Loves India

November 21, 2014
Paul Muolo
There’s a growing fear that the CSBS might move to increase capital standards for nonbank originators as well.
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MIAC Auctioning Off $908 Million Fannie/Freddie Portfolio

November 19, 2014
Paul Muolo
With roughly six weeks left in 2014, some mortgage firms are rushing to sell MSRs as a way to bolster fourth quarter profits.
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MSR Deals Keep Coming; A $1.2 Billion Flow Deal From Phoenix

November 17, 2014
Paul Muolo
MIAC is out with a new $73 million Fannie package and MountainView and The Prestwick Group are working on transactions as well.
Read More

What We’re Hearing: Can Cerberus Finally Do Something Right in Mortgages? / Kinder, Gentler Condo Guidelines from Fannie? / Lower LLPAs from Fannie but Tighter Cash-Out Rules / Ocwen, Ocwen, Ocwen

November 14, 2014
Paul Muolo
And there could be some good news on lower LLPAs. Fannie said that come May 2015, it will change how it treats loans where there are two or more borrowers...
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LoanDepot Acquisition of Mortgage Master Will Make LD the Nation’s 11th Largest Originator

November 13, 2014
Paul Muolo
In the retail channel, LoanDepot ranks fifth among all nonbanks, a figure that excludes what Mortgage Master brings to the table.
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Trade Groups Complain to Fed Chief Yellen About the Mortgage Damage Caused by Basel III

November 13, 2014
Paul Muolo
“Banks of all sizes are having problems with the new limits,” the three trade groups argue.
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Short Takes: Commercial Bank in the Hunt for Mortgage M&A / Is LoanDepot #2? / Surviving Brands / Why Own When You Can Rent? / Essent’s Marzol to Retire

November 13, 2014
Paul Muolo
We should point out that even though LoanDepot is doing the buying, the Mortgage Master brand name will survive. LD did the same thing when it combined forces with imortgage last year…
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