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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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The Year is Young, but $388 Million in MSRs Up for Grabs

January 3, 2014
Paul Muolo
MountainView and The Prestwick Mortgage Group are out in the market with new deals for mortgage servicing rights. The new year should prove to busy for MSR sales.
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New York Hedge Fund Amasses Stake in Freedom Mortgage’s REIT

January 2, 2014
Paul Muolo
Freedom has big expansion plans for the new year. Company CEO and founder Stan Middleman recently told IMFnews Daily that he plans to hire between 200 and 500 residential loan officers in 2014.
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Short Takes: Will a Non-QM Market Develop? / Ellie Mae Still in Play / RCS Has a New Owner / Barry Habib’s Future / High Earners More Likely to Shop Online for a Mortgage

January 2, 2014
Paul Muolo
Will well-known mortgage trainer Barry Habib stick with Residential Finance Corp., a company whose assets are in the process of being sold? It’s hard to say since RFC isn’t answering questions on about the firm’s future.
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Flagstar Expected to Unload More MSRs in 2014

December 27, 2013
Paul Muolo
At September 30, Flagstar had capitalized the MSRs on its balance sheet at 107 basis points.
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What We're Hearing: Five Predictions for the Mortgage Market in 2014 / The Bloom May Be Off the Rose at Nationstar / Loan Modification Indictment Includes Charges Against Former NFL Player / Freedom Expands MI Partners / Auction.com Stays Active

December 27, 2013
Paul Muolo
What's ahead for residential lenders and servicers in 2014? You might be surprised at some of our predictions. Hint: The servicing market looks good, at least.
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FTC Approves Fidelity’s Purchase of LPS But Requires Sale of Oregon Assets

December 26, 2013
Charles Wisniowski
The terms of the FTC’s settlement require Fidelity to sell a “copy” of LPS’ title plants in the six Oregon counties.
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MSR Hungry REIT Gets FHLB Access Via Insurance Affiliate

December 26, 2013
Paul Muolo
It's not every day that a REIT gains access to a Federal Home Loan Bank. This REIT, of course, likes to buy mortgage servicing rights.
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Banks Cautiously Raise MSR Values in Third Quarter

December 23, 2013
John Bancroft
As an industry, banks assigned a fair-market value of $48.4 billion to their mortgage servicing rights, according to figures compiled by Inside Mortgage Trends.
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Residential Finance Corp. in Asset Sale Deal with PMAC? Earn Out of 15 BPs?

December 23, 2013
Paul Muolo
A few months back top executives at RFC denied to Inside Mortgage Finance that a sale was in the works.
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Mortgage M&A: Large Bulk MSR Sales Pending from Citigroup, Flagstar; Another $200 Billion for Nationstar?

December 19, 2013
Sales of several bulk portfolios of mortgage servicing rights were still pending as yearend approached, with talk increasing about a busy year in the mergers and acquisitions market for 2014. As always, the driver of such talk was interest rates: Higher rates are causing MSRs to increase in value, while a slowdown in refinancing is scaring many under-capitalized nonbanks into considering the once-unthinkable: selling out or partnering with a competitor. Originations are...
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