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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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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What We’re Hearing: The Upper Hand on GSE Reform? / Jeb Hensarling, a Candidate for the FHFA Job? / Safe and Sound REITs / A Nice Return on Unsecured Consumer Loans / Dave Stevens Successor? / A Good Year for the Trade Group

October 27, 2017
Paul Muolo
But what about Watt? His term as director of the Federal Housing Finance Agency ends in early 2019...
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Servicing Brokers Show Concern on Fannie Mae Plan to Enter the MSR Marketplace

October 26, 2017
Paul Muolo
One dealmaker, requesting anonymity, added: “Why not just sell servicing on eBay? There are reasons the market for servicing is wired as it is.”
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The Mortgage M&A Market Heats Up: Ocwen Prepping for a Sale (of Sorts)

October 26, 2017
Paul Muolo
Ocwen very well could be sold through an “asset” sale, observers told Inside Mortgage Finance…
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