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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Walter In the Hunt to Buy an Originator?

December 16, 2013
Paul Muolo
Advisors note that Walter should be concerned that it has a large MSR portfolio – $194 billion at Sept. 30, according to figures compiled by Inside Mortgage Finance – but a relatively small origination platform.
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FHFA Seeks Oversight of MSR Transfers North of 25,000 Mortgages

December 12, 2013
Paul Muolo
Want to sell a large chunk of MSRs? If it's Fannie Mae/Freddie Mac product you'll have to run the deal past the FHFA.
Read More

$114 Billion of MSRs on the Auction Block

December 11, 2013
Paul Muolo
A ton of new servicing deals have hit the market. But will regulatory scrutiny throw a monkey wrench into the transactions?
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Short Takes: Large Bank Selling $40B of MSRs / Former FBR Chief Eyeing Servicing Rights / Don’t Tread on our G-Fees / National MI Offers Rescission Relief / Ocwen Clarifies Position on Nonprime Production and QM

December 10, 2013
Brandon Ivey, Paul Muolo, and Charles Wisniowski
Although there are only a few weeks left in 2013, a few large mortgage servicing deals may get done yet.
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Bexil American Mortgage in the Hunt for a Retail Lender, MSRs

December 9, 2013
Paul Muolo
Bexil American Mortgage and its subsidiary appear to be in a growth mode. They're looking to buy a retail lender and MSRs.
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What We’re Hearing: Will Watt Make the CSP a Priority at FHFA? / FHFA May Pick a CSP Chairman First / Luke Hayden? / Fear and Loathing in Servicing-land / Why is a Top-Ranked LO Being Sued by WJB?

December 6, 2013
Paul Muolo
Ed DeMarco might possibly name a chairman for the CSP platform and let Mel Watt have the final say on the CEO slot. Two mortgage executives interviewed for the CEO job include Peter Carroll and Luke Hayden.
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Nationstar Mortgage May Buy $50 Billion in MSRs, Walter $31 Billion

December 5, 2013
Paul Muolo
Is the mortgage servicing sales market beginning to slow? Not in the least. Nationstar and Walter are active buyers.
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Potential Investors Still Eyeing Ellie Mae, But Concerns Emerge Over Price

December 5, 2013
Paul Muolo
Ellie Mae has annualized revenues of roughly $130 million. The company went public two years ago.
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Short Takes: Solutionstar IPO Could Come in First Quarter / But Another Mortgage Firm May Nix Its IPO / WJB Will Fund $5 Billion This Year / Hot Loan Markets / MGIC Stock Nears 52-Week High

December 5, 2013
Paul Muolo
Inside Mortgage Finance is hearing rumblings about a mid-sized nonbank that was contemplating an initial public offering pulling the deal.
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M&A: IMH Sells a Servicing Platform, Flagstar Finally Unloads MSRs?

December 4, 2013
Paul Muolo
Impac Mortgage released a statement on the sale of a servicing affiliate, but was light on details, including the identity of the buyer.
Read More
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