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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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I’ve Just Seen the Future of Mortgage Banking and its Name is Amazon

July 2, 2018
Paul Muolo
Two years ago, loanDepot scuttled a much talked about initial public offering of stock...
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What We’re Hearing: A Lifeboat Too Small? / Non-QM Loans Performing Well, So Far / Ridiculous Housing Prices Continue / A 40 Percent Disappearance Rate? / A Recession Might Save the Day / Fannie Trouble? / Costly Borrowing for WMIH

June 29, 2018
Paul Muolo
Once risk-layering appears and LTV ratios climb, then all bets are off...
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It’s Official: Ditech is on the Auction Block, Hires Houlihan Lokey

June 28, 2018
Paul Muolo
The nation’s 12th largest servicer of residential loans said other options include a “business combination” or maintaining its status as a standalone entity.
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Ditech is on the Auction Block. But Who Will Buy It?

June 28, 2018
Paul Muolo
Nationstar might be a suitor...
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M&A Roundup: LenderLive Hires Houlihan Lokey to Weigh Options, Stearns Lending Looks at Opportunities

June 28, 2018
LenderLive, a third-party service provider and correspondent lender, is weighing its options and has hired investment banker Houlihan Lokey, according to industry advisors familiar with the firm.
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CDFI-Designated Lender Inks Deal to buy Oregon Retailer LoanStar. Buyer will Beef Up Non-QM Production

June 27, 2018
Paul Muolo
LoanStar was founded five years ago by industry veteran Mike Baldwin…
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Servicing Advisors Worry About the GSE Role in the ‘Flow’ MSR Market

June 26, 2018
Paul Muolo
Incenter Mortgage Advisors, Denver, is getting ready to launch a flow MSR marketplace of its own…
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Short Takes: Amazon Moves Ahead with Banking Plans / A Martini for Ditech / Cooperman and Ocwen / More Cost Cutting at Ocwen / Britti Gets a New Title / U.S. Bank Hires Wells Fargo Official

June 26, 2018
Paul Muolo
Leon Cooperman has been increasing his stake in Ocwen Financial and now owns about 11 percent of the firm…
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Phoenix Capital Selling $1.2B of GSE MSRs

June 25, 2018
Paul Muolo
The seller of the bulk package is a depository that lends heavily in the South…
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What We’re Hearing: Mick Mulvaney, Conservative? / A GSE Starting Point? / Mortgage and Big Tech. Can it Work? / Amazon v. Quicken – is Dan Gilbert Ready? / Movement Mortgage? / LenderLive Hires an Advisor / New Hires for Ditech

June 22, 2018
Paul Muolo
One former loanDepot official had this to say about the rumor: “It makes sense. loanDepot has plenty of loan officers handling inbound leads. Amazon could create a ton more and compete with Quicken….”
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