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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Guaranteed Rate Buys Assets of Two Hawaii MBs. Details are Sketchy

November 28, 2018
Paul Muolo
The Chicago-based GR has been making loans in Hawaii since 2015…
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Short Takes: Extreme Turbulence Ahead? / When Will the M&A Tsunami Start? / Freddie Mac’s Origination Forecast / A Sudden Spark in Fresno / Trump Has Buyer’s Remorse on Powell

November 28, 2018
Paul Muolo
One warehouse chief even suggested that in 1Q19, as many as 70 percent of nonbanks will lose money before the spring homebuying season kicks in.
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Ocwen Hires Former Fannie Mae Securitization Chief to Head Lending Business

November 26, 2018
Paul Muolo
According to a statement issued by Ocwen, while at Fannie Yanoti was responsible for developing the common securitization platform.
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Altisource Will Sell SFR Investments, Pay Down Debt

November 26, 2018
Paul Muolo
Altisource has a stock repurchase plan in place that expires at Dec. 31…
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MIAC Hits the Market with a $7B MSR Package

November 19, 2018
Paul Muolo
Loans in the pool have an average age of 24 months.
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As Mortgage M&A Heats Up, Panorama Partners Ready to Pounce

November 19, 2018
Paul Muolo
Panorama is not new to the mortgage business. In July 2016, the Omaha-based PE firm unveiled a “significant” investment in Alterra Home Loans…
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As Mortgage M&A Heats Up, Panorama Partners Ready to Pounce; Will Ocwen be a Buyer Again?

November 15, 2018
With originations slowing and scores of lenders pondering exit strategies, Panorama Partners is poised to make a big splash as a buyer of companies in the quarters ahead, according to Eric Egenhoefer, who’s teaming up with the private equity firm.
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Mr. Cooper Reports $54 Million Profit for 3Q18, Agrees to Buy $10B Originator

November 8, 2018
Paul Muolo
Several months ago, rumors began to surface that Pacific Union might be for sale...
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Short Takes: A Sale Agreement but What’s the Price, Mr. Cooper? / A Material Event? / UBS Expects DOJ Action / Ellington’s New Non-QM MBS / A New Hire for Home Point

November 8, 2018
Brandon Ivey and Paul Muolo
UBS said the Department of Justice intends to file a civil complaint against the company relating to pre-crisis MBS issuance...
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M&A Roundup: Plenty of Deals are Percolating But Will They Get Done? Is Ditech Saleable?

November 8, 2018
The potential sale of Ditech Financial – the largest prize in the mortgage M&A arena – hit a potential snag this week after the New York Stock Exchange suspended trading in the company’s common stock along with Series A and B warrants.
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