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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Non-Agency Warehouse Unit Bought by Massachusetts Bank

January 23, 2020
Paul Muolo

According to market observers, People's United is committed to agency and government-related warehouse finance and was happy to find a home for ResX and its six or so employees.


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Radian Sells Due Diligence Unit Clayton – At a Loss

January 22, 2020
Paul Muolo

Radian bought Clayton in 2014, paying a hefty $305 million for the business, a price that many observers thought was a bit rich.


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IMA Selling $4 Billion-Plus of Agency MSRs

January 21, 2020
Paul Muolo

The portfolio is top heavy in Texas product at 50.1%.


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Virginia Bank Acquires Wholesale Mortgage Lender

January 15, 2020
Brandon Ivey

In general, commercial banks have avoided wholesale mortgage lending like the plague. But not Blue Ridge.


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Short Takes: Blowout Earnings for the GSEs? / Juicing the Debate / A Frothy Non-QM Secondary? / Dow 29,000 / Greystone Buys Commercial Servicer

January 10, 2020
Paul Muolo

Stronger GSE earnings will bolster retained capital, which could juice the recap-and-release debate even more…


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Short Takes: Freedom and RoundPoint: Waiting on the Regulators / The Advisors and the Numbers / KKR’s Stake in Mr. Cooper / MBA’s Application Survey? / A New President for AI

January 2, 2020
Paul Muolo

The Freedom-RoundPoint deal awaits regulatory approvals...


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In Limbo Once Again: The Genworth-China Oceanwide Deal

January 2, 2020
Brandon Ivey

In case you’re keeping track, the Genworth-China Oceanwide deal has been delayed for the 13th time…


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2020, A Bright Year for Citadel Servicing Corp.?

December 27, 2019
Paul Muolo

Based in Irvine, the privately held lender/servicer services roughly $3.6 billion in loans.


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Genworth's Merger Agreement Extended for 13th Time, Re-Approvals Necessary

December 26, 2019
Brandon Ivey

Among other issues, a number of U.S. regulators and entities that had approved the transaction now need to re-approve the deal.


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Short Takes: When Dems Show an Interest in GSE Reform … Lookout / The Questions / ‘What If’ Scenarios / A Texas-Sized Merger / A New Controller for Wells

December 20, 2019
Paul Muolo

So, what kind of GSE questions do the Democrats ask? Topics include timelines, benchmarks, capital levels, affordable housing issues, reducing the GSE footprint and the like. All of the questions might be viewed as quite predictable…


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