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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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What We’re Hearing: Is FHA Headhunting Again? / Fear and Loathing in Refi Land / Why Some Mortgage Bankers Won’t Sell / Hedge Fund Buys Almost 12 Percent of PennyMac / Did Someone Purchase $500 Million of GSE Common Stock? / Athas’ New Subp

May 31, 2013
According to industry sources, the FHA recently sent out administrative letters to a handful of residential lenders. Meanwhile, yet another new subprime originator has emerged.
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Short Takes: Nonperforming Loan Prices Continue to Rise / CFPB Ready to Issue Rule for Small Lenders / Speculators Won’t Like Isakson’s GSE Bill / Applications Tank Again / LenderLive in New Mortgage Effort

May 29, 2013
Paul Muolo, Thomas Ressler, and Charles Wisniowski
The auction market for nonperforming mortgages is beginning to generate heat with prices rising nicely from last year.
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IMA Sets Auction Date on $1B Package of MSRs

May 28, 2013
Paul Muolo
New bulk MSR packages continue to hit the market. Many of the new deals have low coupons and hardly any delinquencies.
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What We’re Hearing: Is the CFPB Ready to Tweak the QM? / Fools in GSE Love: Ralph Nader and New York Hedge Funds / Banks Cutting Back on MBS / Nationstar Too Suspends Foreclosures / About that Big Flagstar MSR Sale / The New York Times Gets Its Penny

May 24, 2013
Is Ralph Nader in bed with hedge funds over Fannie Mae and Freddie Mac? Mortgage banking can make strange bed fellows.
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CashCall Chief Says He’d Consider Selling the Company

May 23, 2013
Paul Muolo
CashCall, one of the largest call center lenders in the U.S., is open for offers, Inside Mortgage Finance has learned.
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Short Takes: Insurance Company in the Hunt for Mortgage Banker / Fidelity Wants its Kid Back / Nationstar May Spin Off Vendor / Toll Brothers NPL Division Feels Some Pain / FBR Back in the Lending Business

May 23, 2013
Paul Muolo
The mortgage M&A market is heating up and not just in the lending space. Moreover, a large insurance company is contemplating an entry into the business.
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HSBC, Wells Fargo Test the NPL Market With Huge Auctions

May 21, 2013
Paul Muolo
Wells Fargo and HSBC are stepping up sales of nonperforming mortgages, while keeping a lid on the details.
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Ocwen Dominates the Subprime Servicing Market with a 33.7% Market Share

May 20, 2013
Brandon Ivey
Ocwen had $155 billion of subprime servicing contracts at the end of the first quarter, more than double its next closest competitor.
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MountainView Hits Market with Two More MSR Deals

May 20, 2013
Paul Muolo
The bulk servicing market continues to heat up. MountainView is out with two new deals.
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Short Takes: MBA Offers G-Fee Deal, but Will FHFA Take It? / Wells and Citi Slowing Foreclosure Sales (Sort of) / Sen. Crapo Wants Answers from CFPB on Data Collection / Bayview Gets Hungry for NPLs, MSRs…

May 20, 2013
Paul Muolo and Thomas Ressler
The Mortgage Bankers Association wants lower guaranty fees from Fannie Mae and Freddie Mac but is willing to barter for them.
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