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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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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NYSE Suspends Trading in Ditech, Nation’s 13th Largest Servicer

November 7, 2018
Paul Muolo
Ditech said it has no plans to appeal the NYSE’s decision.
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Ocwen’s New CEO Talks About Severance Payments, but Growth Too

November 7, 2018
Paul Muolo
Ocwen CEO Glen Messina: "Having completed the merger, we now have unrestricted access to PHH employees..."
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