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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Short Takes: Quicken Overtakes JPM as the Nation’s #2 Lender? (Not Likely) / What Does Jamie Dimon Like Less, Brokers or the FHA? / BofA Cuts New Repo Deal for PennyMac / Earnings Due Soon from MGIC, Radian, Others

July 15, 2014
Paul Muolo and Sherry Muolo
Here’s a question to ponder: what does Jamie Dimon like less? Loan brokers or the FHA?
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Mortgage Banker with a ‘Substantial’ MSR Portfolio Unloading Some of its Holdings

July 9, 2014
Paul Muolo
Over the past six months, many nonbanks have moved to sell MSRs as a way to remain cash flow positive in a tough origination market.
Read More

PHH Will Invest $350 Million in Mortgage Unit, but Outsourcing and Layoffs Ahead

July 8, 2014
Paul Muolo
Will PHH sell its mortgage division this year? Don't bet on it. But it will spend millions on a company restructuring.
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Walter Sells Excess Servicing Strip for $75 Million

July 7, 2014
Paul Muolo
York Capital is backing Walter Capital Opportunity Corp., the buyer of the excess MSRs.
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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.
Read More

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.
Read More
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