Look for an update late Thursday on the sale of Cole Taylor Mortgage. Meanwhile, does anyone care that credit unions are holding 30-year jumbo mortgages in portfolio?
With mortgage rates at their highest level in more than two years, the long-awaited boom in mergers and acquisitions may finally be here. But dont expect sellers to accept just any price. M&A is picking up, said Larry Charbonneau, who runs a boutique advisory firm, Charbonneau & Associates. The big fish want to buy the small ones, but the small ones dont know if its in their best interest to sell yet. Charbonneau points out...
As reported by IMFnews late last week, Stewart Title is buying Allonhill, a due diligence firm based in Denver. Meanwhile, look for billions of dollars in NPL sales soon.
A title insurance firm is taking a close look at due diligence provider Allonhill. Meanwhile, mergers and acquisitions in the residential finance industry could explode.