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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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MountainView Selling $736 Million of Mortgage Servicing Rights

February 10, 2015
Paul Muolo
The MountainView package is top heavy with California product. The identity of the seller was not provided.
Read More

IMA Selling $111 Million Fannie Mae MSR Package

February 9, 2015
Paul Muolo
But that reticence could be slipping. As the week opened, the yield on the benchmark 10-year Treasury was at 1.94 percent, the highest it has been in several weeks.
Read More

What We’re Hearing: A Death Knell for GSE Principal Reductions? / Too Many Chickens for Subprime? / Newman Moves Closer to Completing Purchase / Dimensional Increases Stake in PHH / The Ocwen-Cockroach Comparison?

February 6, 2015
Paul Muolo
With Ocwen about to unload a massive amount of servicing rights will the company still need to have such a large back-office operation in India?
Read More

Ocwen Files Notice: A Fourth Quarter Loss and Monthly MSR Sales; Company the Subject of 46 Exams

February 5, 2015
Paul Muolo
The nation’s largest nonbank servicer revealed that during 2014, state regulators commenced 46 examinations “of one or more of our areas of operation…”
Read More

PennyMac Financial Suffers Earnings Decline, Reveals Pending MSR Purchases of $20.8B

February 5, 2015
Paul Muolo
At yearend, PMFS serviced $106.0 billion of mortgages, ranking 15th nationwide, according to a new market analysis from Inside Mortgage Finance.
Read More

FFC Mortgage Buys New Jersey Broker University Mortgage

February 2, 2015
Paul Muolo
University is based in Hackensack and the purchase gets FFC into the Northern New Jersey market.
Read More

Phoenix Capital Out with $600 Million Flow MSR Package

January 29, 2015
Paul Muolo
Two other servicing packages hit the market the past few days, including a seasoned $276 million Ginnie Mae portfolio from Interactive Mortgage Advisors.
Read More

Impac Reveals Purchase Price on CashCall’s Mortgage Unit: $10 Million Plus…

January 27, 2015
Paul Muolo
In trading Tuesday, Impac’s common was selling for $9.15, which means the 500,000 shares could be worth $4.5 million.
Read More

With Mortgage IPOs on Hold Sub Debt Issuance May Bloom

January 26, 2015
Paul Muolo
“Sub debt is a good way to grow your business without it being dilutive to your company,” said Bill Dallas, CEO and founder of Skyline Lending.
Read More

Phoenix Selling $4.3 Billion of Agency and Ginnie Servicing Rights

January 26, 2015
Paul Muolo
Declining interest rates don't appear to have affected the servicing auction market much.
Read More
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