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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Another Quarterly Loss for PHH; Revenues Down Too but New CEO Sees Hope

November 8, 2017
Paul Muolo
Despite the red ink, PHH’s board approved a new $100 million share repurchase authorization…
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The Ramifications of a Nationstar Sale (If it Happens)

November 3, 2017
Paul Muolo
Interestingly, Nationstar, Ocwen and Walter each have embarked on a course of selling their owned mortgage-servicing rights while staying on as a subservicer…
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What We’re Hearing: The Mortgage Cycle Turns / PE Firms Ready to Pounce? / Show Mr. Cooper the Door? / Impac in Play? / loanDepot Retail Chief David Norris Departs for Law Enforcement Project / More Nonprime MBS on the Way

November 3, 2017
Paul Muolo
Ocwen will not be sold through a stock deal, but Nationstar could be...
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Minor Retreat for Top Tier Mortgage Servicers in 3Q17, Nonbanks Continue March Forward

November 2, 2017
John Bancroft
The only top-five servicer to report an increase in volume was Nationstar Mortgage...
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Nationstar Reports a $7 Million Profit for 3Q17. Smaller MSR Markdowns

November 2, 2017
Paul Muolo
Nationstar originated $4.25 billion of new home mortgages in 3Q17…
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Short Takes: GSE Reform? What’s the Rush? / Calabria, an FHFA Director Candidate? / Capping the Mortgage Interest Deduction at $500,000 / TCF to Buy Nonbank Mortgage Firm

November 2, 2017
Carisa Chappell, Brandon Ivey, and Paul Muolo
Mark Calabria is not exactly a fan of the GSEs...
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Nationstar Mortgage May be in Play, But It’s Hard to Predict Who Possible Suitors Could Be

November 2, 2017
The possible sale of Nationstar Mortgage could have ramifications for a handful of other publicly traded nonbank mortgage firms, including Ocwen Financial, New Residential Investment Corp., and Walter Investment Management Corp. For now, Nationstar and its largest investor – Fortress Investment Corp. – are saying little about the matter, but it’s been widely reported the past week that SoftBank (soon to own Fortress) has hired investment bankers to explore a sale of ...
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As Year Draws to a Close, a Rush to Get Servicing Packages Sold

November 1, 2017
Paul Muolo
There continues to be some nervousness about VA receivables because of streamlined refinancings, although regulators are trying to curb abuses in the program.
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PiperJaffray: A Bank Purchase of Nationstar Might Make Sense

October 31, 2017
Paul Muolo
According to Inside Mortgage Finance, Nationstar is the nation’s fourth largest servicer based on June 30 figures.
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Nationstar May Hit the Auction Block Soon

October 30, 2017
Paul Muolo
In February, SoftBank agreed to buy Fortress for roughly $3.3 billion in cash.
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