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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Short Takes: The ‘Banksters’ Aren’t Going to Jail But They Are Paying Through the Nose (Goldman Sachs) / CFPB Chief Cordray Tries to Clear the Air on TRID ‘Cures’ / Nation’s Largest Mortgage REIT to Buy Another / Two New Directors for Fannie Mae

April 11, 2016
Brandon Ivey and Paul Muolo
Associate Attorney General Stuart Delery: “This resolution holds Goldman Sachs accountable for its serious misconduct..."
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Doesn’t Sound Like RoundPoint Mortgage is for Sale Anymore

April 7, 2016
Paul Muolo
At yearend, RoundPoint had $14.9 billion in subservicing contracts. It now has almost $22 billion.
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A Ton of Servicing Deals Hit the Auction Calendar. Can They All Get Done?

April 6, 2016
Paul Muolo
One servicing broker had this to say about the all the new offerings: “There’s a lot of deals out there now – and they seem to be getting done.”
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Short Takes: 20 From WJB Land at Supreme / Bad Timing? / Joe Garrett Wants to Hold a CFPB Contest / The State of the TRID Scratch-and-Dent Market / GM&C Hires Former Fannie Mae Veteran

April 4, 2016
Paul Muolo
We also heard one report that earlier in the year a large production group from a competitor jumped ship and joined WJB in January.
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JPMorgan Cuts Back in Another Government Mortgage Program – RHS; Freedom the Buyer

April 4, 2016
Paul Muolo
A few years ago JPM stopped funding RHS mortgages through loan brokers.
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Phoenix Capital Offering Flow Deals That Could Net $2.4 Billion

March 29, 2016
Paul Muolo
Much of the collateral is based in the Western U.S.
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More Servicing Deals Hit the Market; IMA Ready to Announce Three Transactions

March 24, 2016
Paul Muolo
Prestwick is out with a flow package that could yield $360 million to $480 million annually in Fannie Mae product.
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$6.19 Billion of GSE Servicing Rights Hit the Auction Block

March 21, 2016
Paul Muolo
With rates rising of late, MSR pricing should firm up...
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What We’re Hearing: A Wakeup Call for the CFPB? / Tombstone Blues? / The Strange Case of W.J. Bradley / Former FHFA Chief DeMarco: Congress Should Take a Close Look at FHA and Ginnie Mae / A Big Hire for AmeriSave Mortgage

March 18, 2016
Paul Muolo
DeMarco, by the way, called on Congress to take a “thoughtful” review of the FHA program and Ginnie Mae’s role in housing finance.
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Spring Brings a Potential Mortgage M&A Bonanza Featuring Some Top Names in the Mix. But Will Any Deals Get Done?

March 17, 2016
Over the past two weeks, the mortgage mergers-and-acquisitions market shifted into high gear with speculation surrounding such top-ranked mortgage firms as PHH Corp. and Flagstar Bancorp. Then again, in the past, both of these top-10 lenders have been the subject of takeover rumors with deals falling to the wayside over price or other concerns. This time it could be different. And then there’s...
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