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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Bulk MSR Transfers up Sharply in Late 2016; Co-Issuance Sector Cooled

January 30, 2017
John Bancroft
Bulk transfers of Freddie Mac MSRs also increased dramatically in 4Q16, more than doubling to $17.52 billion…
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Willie Newman’s Home Point Financial Agrees to Buy #41 Ranked Stonegate

January 27, 2017
Paul Muolo
In the past, Home Point has been a selective buyer of servicing rights and other companies...
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What We’re Hearing: Still Here: CFPB Chief Cordray / Maybe the CFPB Needs to Hire Some LOs / Realty Firms Show Affection for Mortgage Lending / Less RESPA Enforcement? / Warburg Makes a Mortgage Investment / HUD IG Issues a ‘Recall’

January 27, 2017
Paul Muolo
Maybe the CFPB should hire some loan officers who have actually closed a mortgage...
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RPM Mortgage Hits the M&A Trail Once Again

January 19, 2017
Paul Muolo
Late last year, RPM made what it called an “investment” in American Eagle Mortgage of Ohio…
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Incenter Selling $4 Billion Freddie Mac Servicing Portfolio

January 19, 2017
Paul Muolo
The delinquency rate on the package is just 0.65 percent, based on number of loans…
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Servicing Auctions Begin to Heat Up; New Packages from IMA, Phoenix

January 17, 2017
Paul Muolo
The lenders selling the MSRs are both nonbanks…
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Short Takes: PE Firm Eyes Three Mortgage Acquisitions / One Lender That’s Definitely Looking… / LOS Vendor Hires New President / Another Court Victory for PHH

January 17, 2017
Paul Muolo and Thomas Ressler
Some M&A advisors believe 2017 could be a banner year for mortgage company sales. Then again, that’s what they predicted early last year...
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An Unintended Consequence of the FHA MIP Cut: A Damper on Ginnie MSR Sales?

January 12, 2017
Paul Muolo
Buyers and sellers are waiting to see if the 75 basis point increase in rates will stick around or turn out to be a fluke and then reverse course...
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RPM Mortgage Hits the M&A Trail. Goal is To be a $14 Billion a Year Originator, At Least

January 12, 2017
RPM Mortgage, Alamo, CA, is in serious negotiations to buy at least two other mortgage banking firms – or their assets – and has its eye on at least one other shop, according to investment banking officials who claim to have knowledge of the situation. If the acquisitions come to fruition, they could put the privately held nonbank on track to be a $14 billion a year originator, said a source who advises the company. One of the target acquisitions is a $4 billion a year lender, the other a $650 million funder. A spokesman for RPM declined to comment. A few weeks back, RPM made...
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What Does the Future Hold for PHH?

January 12, 2017
Paul Muolo
Bose George, who follows PHH for Keefe, Bruyette & Woods, also used the phrase “liquidation” to describe the company’s sale of assets.
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