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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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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And the MSR Deals Keep Coming. IMA Selling a $10B-Plus Bulk Package

June 21, 2018
Paul Muolo
At $10.3 billion, the package is believed to be one of the largest in the auction market right now.
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loanDepot Employees Discuss the Amazon Rumor. But is it True? CEO Calls it a ‘Good One’

June 21, 2018
Paul Muolo
If the deal comes off, loanDepot employees will receive free Amazon Prime accounts…
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As the Mortgage M&A Train Continues on Its Path, Eli Global Emerges as an Eager Buyer – to an Extent

June 21, 2018
Eli Global is hardly a household name in residential finance, but the privately held investment firm aims to be a player in the industry by purchasing mortgage companies and running them as separate entities.
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Incenter and MIAC Out With Bulk MSR Auctions

June 20, 2018
Paul Muolo
The delinquencies on the MIAC package total 5.3 percent…
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Short Takes: Wholesale Profit Margins Under Pressure Too? / Commercial Bank Seeks MB / A New IO MBS from JPM / An Update on Ex-FGMC CEO Peters / New Hires for Two Harbors, Walker & Dunlop

June 20, 2018
Paul Muolo and Brandon Ivey
All of the loans in the new JPM deal were originated by First Republic Bank, with seasoning of seven years...
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More Commercial Banks Bidding on Mortgage Servicing Rights. Changes to Basel III a Factor?

June 18, 2018
Paul Muolo
Ed Robinson, senior vice president in charge of mortgage banking for Fifth Third, told Inside Mortgage Finance his bank made a conscious decision to jump into the MSR acquisition arena…
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Prestwick Selling Fannie MSR Package Into a Strong Market

June 18, 2018
Paul Muolo
Prestwick’s George Christo cites “float earnings” as a significant value driver…
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MountainView Offers Fannie/Freddie MSR Portfolio

June 15, 2018
Paul Muolo
The average loan size of the package is $224,106…
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