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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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After Being Smacked Down by Regulators, Ocwen Says It’s Been Transformed

April 5, 2017
Brandon Ivey
In an interview, Ocwen’s chief compliance officer said: "We are a fully-transformed company and very anxious to break away from some of the regulatory constraints..."
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Flagstar Will Acquire ‘Certain’ Assets of $3-Billion-a-Year Lender Opes

April 4, 2017
Paul Muolo
With the purchase of Opes, Flagstar likely will move up two spots in the origination rankings to number 12, according to Inside Mortgage Finance.
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Signs of Life in the Ginnie Mae Servicing Market? Not Really, but…

April 4, 2017
Paul Muolo
Servicing brokers believe that the relatively strong showing in Ginnie transfers in the fourth quarter might have been an aberration…
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M&A Roundup: Freedom Mortgage is in a Buying Mode

March 28, 2017
Paul Muolo
Depending on its buying spree, Freedom could easily leap-frog into the number four originator spot, bypassing PennyMac Financial, Bank of America, and U.S. Bank.
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Charbonneau & Associates Working on Two M&A Deals

March 27, 2017
Paul Muolo
When it comes to mortgage banking M&A, it’s still a seller’s market…
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Short Takes: Delusional Mortgage CEOs? / A Nice Comeback for BofA / Phil Bracken for Ginnie Mae President? / SunTrust’s Online Lending Affiliate / Falling Still: The Yield on the Benchmark 10-Year Treasury

March 27, 2017
Paul Muolo
In 2009, BofA’s stock fell to as low as $3.95 a share. Today, it trades for $22.86, an increase of 478 percent…
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A New Low for Walter’s Share Price: 64 Cents

March 24, 2017
Paul Muolo
When Walter Investment released fourth quarter results last week it declined to hold a live earnings call – somewhat of a rarity…
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M&A Roundup: Freedom Mortgage Poised For Growth, Ditech Headed for the Exit?

March 23, 2017
Although 2017 is expected to be a down year for originations, Freedom Mortgage – already a top-10 ranked lender – is poised for growth via mergers and acquisitions and is pondering deals for both servicing rights and other shops. Company CEO and founder Stanley Middleman told Inside Mortgage Finance bluntly: “We’re shopping.” Although Middleman declined to name any targets, he said...
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Prestwick Selling $335 Million of Fannie Mae Servicing Rights

March 20, 2017
Paul Muolo
A small portion of the loans are characterized as non-owner occupied…
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Short Takes: Walter Retains M&A Advisor Houlihan Lokey / A Penny Stock / $902 Million of Losses / Rebranding for MountainView / Ocwen Shuffles its Board

March 20, 2017
Paul Muolo
Over the past three years, Walter Investment Management has lost a whopping $902 million...
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