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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Will FHFA Capital Rules for Nonbank Servicers Alter the MSR Purchase Market?

July 2, 2014
Paul Muolo
Nonbank capital rules from the FHFA will add certainty to the MSR market, but there will plenty of indigestion along the way.
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Servicing Advisor Phoenix Capital Buys Whole Loan Trader

July 2, 2014
Paul Muolo
Phoenix Capital said it has worked with Steel Mountain executives on different projects for 20 years.
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FHFA Spearheading Effort on Capital Standards for Nonbank Servicers

July 1, 2014
Paul Muolo
But it’s not just talk of capital standards for nonbanks that has some in the industry spooked – it’s the issue of what constitutes capital.
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Mortgage M&A Heats Up: Sale of CTM Nears; HomeStreet Sells $3B of MSRs; MIAC Active

July 1, 2014
Paul Muolo
There has been plenty of talk about mortgage M&A, and now it appears that deals are finally happening.
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MSR Values at Roughly Two-Times Historical Levels; a $50B Auction Coming?

June 30, 2014
Paul Muolo
To participate in the MSR market, institutional investors must partner with licensed and compliant servicers.
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Vantium Capital Awarded Servicing of Bankrupt Mortgage Firm

June 30, 2014
Paul Muolo
The downfall of Community Home is intriguing: the servicer closed its Jackson office and had customers send payments to Las Vegas. From there, payments were sent to a location in Costa Rica, according to AP.
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What We’re Hearing: A Spike in Demand for ‘Key’ Mortgage Talent / About Those M&A Deals… / ‘Significant’ MSR Auctions in the Works / Good CFPB News for Ocwen and Nationstar / Risk-Based Capital for Mortgage Insurance Firms? / Carrington Under Investigatio

June 27, 2014
Paul Muolo
We continue to hear plenty of talk about mortgage mergers and acquisitions with deal announcements likely to come between early July and late August.
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Another Investment Fund Amasses a Stake in PHH Corp.

June 26, 2014
Paul Muolo
Is the stock of PHH Corp. so depressed that it's a screaming "buy"?
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Short Takes: FHFA Moving Closer on a Risk-to-Capital Ratio for MI Firms? / Does Sterling Still Love Prospect Mortgage? / Delinquencies Hit a Multi-Year Low / Is the MSR ‘Trade’ Getting Old? / Pete Carroll’s New Director Job

June 26, 2014
Paul Muolo
What does the future hold for the hedge fund-owned Prospect Mortgage?
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Did the NY-DFS Throw a Monkey Wrench Into the Legacy MSR Market?

June 25, 2014
Paul Muolo
The market for large "legacy" MSR deals appears to be ice cold. Then again, last week there were rumors that a $50 billion transaction might be in the works.
Read More
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