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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Short Takes: Redwood’s New Jumbo MBS Has Eight Non-QMs / MB Launches Sports Firm, Reveals Mortgage Earnings / Ellie Mae is Worth What? / FHFA Has a New Watchdog, Finally / Distressed RE Fund Raises a Bundle

October 29, 2014
Brandon Ivey, Paul Muolo, and Charles Wisniowski
Pacific Union Financial took in $100 million of profits. It’s not every day that a privately held nonbank tells the world what it’s earning…
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Short Takes: Lower Rates Affecting M&A? / Gain-on-Sale Not So Bad / FHA May Penalize Lenders on Re-certifications / JPM and Non-QMs? / Nonbanks Love Ginnie, but is the Feeling Mutual?

October 28, 2014
George Brooks and Paul Muolo
Is the investment banking arm of JPMorgan Chase sniffing around the non-QM space? It sounds crazy, we know...
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Plenty of Investors are Eyeing Non-Agency Space, Even PIMCO

October 27, 2014
Paul Muolo
For a bond investor such as PIMCO, the attraction should not come as a total surprise.
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Wingspan Gets ‘Multi-Million’ Capital Infusion, Horne Out as President

October 24, 2014
Paul Muolo
As part of the transaction, company founder and president Steven Horne will step down as president and chief executive officer, but will remain as a senior advisor.
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What We’re Hearing: More Questions About Wingspan but No Answers / Are Specialty Servicers Toast? / Should Ocwen Move Its India Workers to Upstate New York? / Mortgage Company Owner Wants to Buy Baseball Team

October 24, 2014
Paul Muolo
Note to Ocwen management: every US employee is a potential mortgage customer. Think about it.
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Guild Mortgage Buys Second Lender Within Almost a Month

October 23, 2014
Paul Muolo
Guild intends to buy even more mortgage companies. Is an IPO next?
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Short Takes: Who Might Guaranteed Rate Buy? / RPM Eyes Two More Lenders / A Non-QM IPO Already? Really? / Fitch Upgrades Shellpoint on Servicing / New Appraisal Tool From Fannie Mae / More Trouble for Nonbanks and MSRs?

October 22, 2014
Brandon Ivey, Paul Muolo, and Charles Wisniowski
We even heard one report that a non-QM firm is contemplating an initial public offering. It sounds crazy, we know…Meanwhile, it appears the states want a say in MSR transfers...
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Wells’ Sale of $39 Billion in MSRs to Ocwen Imperiled; A $14 Stock?

October 22, 2014
Paul Muolo
Ocwen said it has fixed the "back-dating" problem but it may be too late for the company.
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Short Takes: MBA Shows the Love for FHFA’s Mel Watt / Looser Mortgage Credit? Are You Crazy? / The CFPB ‘ePilot’ Moves Closer / The Fear of Running Out of Money / Are You Afraid of Ghosts?

October 21, 2014
Paul Muolo and Thomas Ressler
After all, didn’t America suffer a housing “depression” because credit was too loose? Some GOP conservatives in Congress live by the edict: those who can own; those who can’t rent…
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Phoenix Capital and IMA Unveil New MSR Auctions

October 20, 2014
Paul Muolo
Servicing brokers expect a land rush of servicing deals before yearend.
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