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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Tepid Increase in Subservicing Contracts During 1Q18

June 5, 2018
Paul Muolo
“There could be some sector consolidation down the road,” noted Allen Price, senior vice president in charge of business development for RoundPoint Mortgage…
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Incenter Auctioning Off Corporate Mortgage Shell of SoCal Lender

June 4, 2018
Paul Muolo
The corporate shell includes 27 state licenses…
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Prestwick Selling MSR Portfolio Backed by Healthcare Facilities

June 4, 2018
Paul Muolo
The average loan amount is $10.9 million.
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MountainView Selling $3.6 Billion Fannie Mae MSR Portfolio

June 1, 2018
Paul Muolo
The seller of the portfolio, who was not identified, wants to complete the transaction by July 31.
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What We’re Hearing: Making Lemons out of Lemonade / Mortgage Brokers Trim Staff / A RIF at Movement Mortgage / The FHFA-OCC Connection / Conventional Lenders Eyeing the Non-QM Market? / A Tech Firm Looked at NSM

June 1, 2018
Paul Muolo
Although some conventional lenders are struggling with lower volumes, Angel Oak and Citadel Servicing Corp. are humming along...
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Surprise: Citizens (a Bank) Agrees to Buy 19th Largest Originator FAMC for $511 Million

May 31, 2018
Paul Muolo
A commercial bank buying a large mortgage company? Yes, indeed...
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Cherry Hill REIT Raising Nearly $50 Million, Prompting Speculation on Expansion

May 31, 2018
Brandon Ivey
The REIT was vague when describing what the cash will be used for, sticking to the standard line about using the proceeds for “general corporate purposes.”
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Citizens Bank Agrees to Buy Top-Ranked TPO Lender FAMC for Just 1.1-Times Book

May 31, 2018
Paul Muolo
Roughly 95 percent of FAMC's production comes from brokers and correspondents, according to Inside Mortgage Finance...
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Castle & Cooke Mortgage Sold to CEO Adam Thorpe and Eli Global

May 31, 2018
Paul Muolo
Based in Durham, NC, the privately held Eli Global has insurance assets and tries to keep a low profile.
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Short Takes: Mel Watt’s Successor May Be… / Morgan Stanley had a Role in the FAMC Deal / Consolidation Nation? / A New MBS from Redwood / New Hires for Home Point

May 31, 2018
Paul Muolo and Brandon Ivey
The consolidation tidal wave approaches ... or maybe not...
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