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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Short Takes: Freddie Doesn’t Mince Words / Thinking of Going Public? / Why Amazon and Google Won’t Buy an Existing Franchise / Moogle or Moogage? / Texas Capital’s Deposit Base / Mortgage Job Cuts at USAA

September 24, 2018
Paul Muolo
Meanwhile, Hindman doesn’t see Amazon or Google buying an existing mortgage franchise...
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It’s Been Five Years Since a Nonbank Lender Pulled Off an Initial Public Offering of Stock

September 20, 2018
Private equity firms hoping to cash out their ownership stakes in nonbank lenders via an initial public offering of stock will have to wait a little longer, thanks to a tough origination market and institutional investor interest that lies elsewhere.
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MorVest Taking Bids on Freddie Mac Bulk MSR Portfolio

September 19, 2018
Paul Muolo
Dealmakers, including Mark Garland of MountainView Financial Solutions, expect a flurry of activity this fall.
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For Sale: Fannie Mae Bulk MSR Portfolio, Average LTV: 59 Percent

September 18, 2018
Paul Muolo
Kentucky product dominates the portfolio at 98.9 percent. Ohio is a distant second…
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Short Takes: MBA’s Stevens Looks Back at the GSEs (Pre-Crisis) / A No-Bid Because of FM Watch Ties / What’s FM Watch? / Sharp Elbows? / TMS Buys Two MSR Packages, Is Hungry for More / PenFed Hires USAA Exec to Run Mortgages

September 17, 2018
Paul Muolo
It may be hard to fathom, but Fannie and Freddie once played with very sharp elbows…
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MBS Issuer SG Capital Launches Wholesale Mortgage Originator to Feed a Growing Aggregation Business

September 14, 2018
SG Capital Partners, a boutique investment banking firm chock full of former Goldman Sachs executives, has launched a new wholesale lender to originate non-qualified mortgages, most of which will wind up in MBS deals.
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What We’re Hearing: Freddie Charter Creep? No, Just a Supplemental Service / Caliber Thinking About Going Public? / The Role Das Played in First Data’s Successful IPO / Dimon v. Trump – Bring it On! / Dimon, a Nervous Mess? / New Penn Rolls Out Piggyback

September 14, 2018
Paul Muolo
JPMorgan is the parent company of the nation’s second largest residential lender, Chase. Trump last decade started a small mortgage brokerage operation in Long Island and then killed it...
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Stearns Agrees to Buy Stake in $3.2 Billion Lender as Part of PPP Effort

September 13, 2018
Paul Muolo
The pending deal marks the second acquisition in Stearns’ new Preferred Partner Platform initiative…
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MIAC Offering Fannie/Freddie MSR Package

September 11, 2018
Paul Muolo
The selling institution is described as a mortgage banking firm with a west coast concentration...
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Incenter, MorVest Selling Bulk Servicing Portfolios

September 10, 2018
Paul Muolo
Both these MSR portfolios have low note rates…
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