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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Short Takes: New Jumbo Deal from Two Harbors / Now for a Nice Word on Ocwen / Maybe Bill Erbey Will Buy…Nah… / What Will Altisource Say? / The 2015 GSE Scorecard is Out

January 14, 2015
Paul Muolo and Brandon Ivey
One servicing advisor raised an interesting scenario Tuesday: Maybe Bill Erbey will swoop in and buy all of Ocwen’s shares and take the whole thing private.
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Ocwen’s Exit from Agency Servicing Could be a Very Long Goodbye

January 13, 2015
Paul Muolo
Meanwhile, new revelations about regulatory problems in California are likely to make Ocwen’s disposal of servicing rights problematic.
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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
Paul Muolo and Brandon Ivey
“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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