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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Mergers and Acquisitions? Sort of On Hold…

November 4, 2020
Paul Muolo

Chuck Klein, managing partner at Mortgage Banking Solutions, describes the current M&A atmosphere as “pretty quiet.” Still, he’s working on a handful of deals...


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CoreLogic’s Major Shareholders Continue Proxy Battle

November 3, 2020
Namrata Bhatia

On Tuesday, CoreLogic accused Senator and Cannae of “pursuing a misinformation campaign aimed at” distracting shareholders and destroying value.


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Servicing Transfers (Sales) Stall in 3Q20, Ginnie Trades Nearly Dead

October 26, 2020

A mere $70.81 billion of MSR changed hands in the third quarter, the lowest total since Inside Mortgage Trends began tracking the market in 2015.


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Want to Buy Some loanDepot Stock? How About Some Debt?

October 23, 2020
Paul Muolo

The nonbank is weighing its IPO options. In the interim, it's selling $500 million worth of debt...


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Caliber IPO Could Top $538 Million, Most of it Going to Lone Star Affiliate

October 21, 2020
Paul Muolo

The shares are slated to begin trading on the NYSE under the symbol HOMS next Thursday, Oct. 29. The lead book runner on the IPO is Credit Suisse.


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Pretium and Ares Management Team Up to Acquire SFR Operator Front Yard

October 19, 2020
Brandon Ivey

The two investors will pay $13.50 per share for Front Yard, a 35.5% premium over what the company was trading for on Friday.


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‘Certain’ Shareholders Cashing Out of Guild

October 16, 2020
Paul Muolo

In a recent S-1 statement filed with the SEC, McCarthy Capital Mortgage Investors was cited as holding 100% of Guild’s Class-B common. Once the IPO is completed, McCarthy will have sway over 94.8% of the combined voting power of the common.


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A Surprising Drop in Ginnie Mae Servicing

October 15, 2020
John Bancroft

While the supply of VA loans in Ginnie MBS continued to grow during the third quarter, the volume of securitized FHA forward mortgages fell 2.7% from the end of June.


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Freedom Mortgage Likely to Remain on the IPO Sidelines

October 15, 2020
Yemeng Yang and Paul Muolo

When it comes to going public, Freedom Mortgage CEO Stan Middleman said "it depends on your investment horizon and on your personal situation.”


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A Slow Recovery in the Servicing Sales Market, Very Slow

October 14, 2020
Paul Muolo

Mark Garland, managing director of SitusAMC, noted: “There is so much liquidity out there"...


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