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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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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Short Takes: Ocwen Sale Could Spell Trouble for Indian Workers / Tepid Mortgage Results for Ally / From GMAC to Ocwen to Nationstar / 3Q Results from Radian, Altisource / No Thanks, Mr. Mnuchin

October 26, 2017
Paul Muolo and Carisa Chappell
Some history: When GMAC imploded earlier in the decade, some of its GSE servicing rights were sold to Ocwen. Ocwen eventually sold those contracts to Nationstar.
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Social Finance (SoFi) is in Play; JPMorgan Chase the Banker

October 25, 2017
Paul Muolo
What’s SoFi worth? The market may soon find out…
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Banks Look Forward to Revised Capital Treatment on MSRs; Worse Than Greek Bonds?

October 24, 2017
Brandon Ivey
Speaking at the MBA convention, one executive said that under current rules, bank holdings of MSRs are treated more harshly than holdings of Greek bonds.
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Incenter, Phoenix Hit the Market with Bulk MSR Offerings

October 23, 2017
Paul Muolo
According to the offering circular, delinquencies on the Ginnie Mae package total 8.19 percent...
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Agency Servicing Transfers Caught Fire in 3Q17, Reshaping MSR Market

October 20, 2017
John Bancroft
In the third quarter, Movement Mortgage was the top seller of MSR assets via the coissuance market…
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