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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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More M&A Activity: Celebrity Financial Racks Up Two Nonbanks and is in the Hunt for More

August 23, 2018
Celebrity Financial, launched earlier this year by industry veteran David Robnett, has closed on its purchase of Midwest Equity Mortgage – its second mortgage deal of the year – but it is far from done as a buyer.
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Subservicing Growth Continues to Slow. M&A Ahead?

August 22, 2018
Paul Muolo
Cenlar and Dovenmuehle, which rank first and second, respectively, experienced slow growth during the period…
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Short Takes: Celebrity in the Hunt / Ocwen Gets the ‘All Clear’ Signal from Ginnie / Oh Carol / The National Servicing Settlement – It’s a Wrap / Two Joes In Charge at Waterstone

August 22, 2018
Brandon Ivey and Paul Muolo
Celebrity Financial has several M&A irons in the fire...
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A Real Estate Fintech Takes a Test Drive in Mortgage Banking. Will Others Follow?

August 20, 2018
Paul Muolo
“Zillow could have done this on a much larger scale. Heck, they could’ve bought Ditech,” said industry consultant Paul Hindman.
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Short Takes: More Mortgage M&A / Check Those WARN Act Notices / Accuser Blasts FHFA Sexual Harassment Probe / No Comment from the FHFA

August 20, 2018
Paul Muolo
Grimes' resume also includes stints at Grant Thornton and Price Waterhouse Coopers...
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Computershare Makes Another Mortgage-Related Purchase: LenderLive Network

August 17, 2018
Paul Muolo
Two years ago, Computershare Limited bought Capital Markets Cooperatives, one of the largest mortgage co-ops in the U.S., for roughly $71.2 million.
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What We’re Hearing: Two Giants May Change Hands (Or Maybe Not) / Job Cuts at Ditech / Can HL Sell Ditech Fast Enough? / Tom Marano’s Experience with Troubled Shops / CALCAP Bullish on Fix-and-Flip / A Confidential GSE File On…

August 17, 2018
Paul Muolo
It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…
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A Real Estate Fintech Takes a Test Drive in Mortgage Banking. Will Others Follow?

August 16, 2018
Zillow Group earlier this month agreed to acquire Mortgage Lenders of America, a national residential originator based in Overland Park, KS. Shortly after the announcement was made, Zillow’s share price crumbled, suggesting that investors aren’t bullish on the mortgage business these days.
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IMA Working on $20 Billion MSR Transaction

August 13, 2018
Paul Muolo
The top five sellers of bulk agency product during the first-half of 2018 were Stearns Lending, Flagstar Bank, Seneca Mortgage, United Shore Financial (parent of United Wholesale Mortgage), and loanDepot.
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Short Takes: In Non-QMs We Trust / A Land Rush Into Non-QM? / A Nonbank Buying a Bank, Not an Everyday Occurrence / Ultimate Goal: To Tap FHLB Advances? / Nick Smith Departs Blackstone TORO

August 9, 2018
Paul Muolo
Impac's Justin Moisio: “Everyone’s getting into this game.”
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