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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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UBS Selling Mortgage Servicer SPS for Breakeven Price

August 14, 2024
Brandon Ivey
Select Portfolio Servicing handled servicing on mortgages with an unpaid principal balance of $166.70 billion as of the end of June, according to estimates by Inside Mortgage Finance.
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Short Takes: New Mortgage Reinsurer / Rocket Consistent With CES Securitizations / DSCR Loans in Non-Agency MBS / Growing Through Selling Servicing

August 13, 2024
Brandon Ivey
Skyward Specialty Insurance Group launched a mortgage reinsurance business.
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Servicing Transfers More Than Double in 2Q and Then Some

July 29, 2024
John Bancroft
More than half of the second-quarter bulk deals were attributable to two buyers: Mr. Cooper Group and Lakeview...
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Short Takes: Mr. Cooper’s Growth / Bank Regulators Reviewing Regulations / TransUnion Sees Higher Revenue on Lower Inquiries / Jumbo MBS From Morgan Stanley

July 26, 2024
Brandon Ivey
Mr. Cooper's servicing portfolio will hit an unpaid principal balance of $1.56 trillion following its acquisition of servicing from Flagstar Bank.
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Mr. Cooper to Acquire Most of Flagstar’s Mortgage Business

July 25, 2024
Brandon Ivey
Mr. Cooper will pay $1.4 billion for Flagstar Bank's servicing portfolio and third-party originations platform.
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Short Takes: Positive Outlook for Acra / New Co-CEO at Dynex / NYCB Touts Simplified Business Model

July 23, 2024
Brandon Ivey
Non-QM lender Acra Lending has been profitable in the last three years.
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Bain Jumps Into the Fix-n-Flip Market With Acquisition

July 8, 2024
Paul Muolo
A few months back, Bain bought a stake in two different mortgage software companies...
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A Lull in Mortgage Servicing Sales. Will It Last?

June 24, 2024
Paul Muolo
This year, MSR sales could drop to $500 billion, still a great year historically speaking...
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Short Takes: Big Buying Plans for Freedom? / Go With Debt / No Impact / JPM’s Flagstar Plans? / FHFA’s New Congressional Liaison

June 24, 2024
Paul Muolo
Freedom Mortgage reportedly has an unquenchable thirst for MSRs these days, including higher coupon product.
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Short Takes: VA Adjusts on Commissions / Locks for Refis Jump / UWM Fueling Annaly’s ECM MBS / Broker Groups Form Alliance / Great Ajax Shifts Focus

June 11, 2024
Brandon Ivey
VA stressed that borrowers should still negotiate their buyer-broker fee and that homebuyers can still ask sellers to pay the fees at closing.
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