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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Two Harbors Loses Money in 2Q, Large MSR Deal in the Works

August 7, 2013
Brandon Ivey
Two Harbors revealed that it is advanced talks to purchase a potentially significant portfolio of mortgage servicing rights later this year.
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Originations Booming at Nationstar, MSRs Will Top $435 Billion

August 6, 2013
Brandon Ivey
Portfolio recapture, wholesale, and builder channels accounted for almost 79 percent of its fundings in 2Q.
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Short Takes: Is CashCall Off the Auction Block? / HSBC Could Take a Huge Hit on MBS Settlement / FHFA CSP Job Pays $450,000 / LenderLive Gets Ginnie Approvals / Eminent Domain Advances

August 6, 2013
George Brooks and Paul Muolo
Is refi specialist CashCall still on the auction block?
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IRS Says Excess Servicing Spreads Are ‘Real Estate’ Assets Under REIT Law

August 5, 2013
George Brooks
According to an IRS private-letter ruling, certain excess servicing rights would constitute a real-estate asset, and income from the spread would be treated as interest on obligations secured by mortgages on real property.
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Prestwick Offers Close to $1 Billion of MSRs

August 5, 2013
Paul Muolo
The market for residential servicing rights continues to gain momentum with two new offerings from The Prestwick Mortgage Group.
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Short Takes: Ocwen Increases its Deal Pipeline to $400 Billion / Another Large Wholesaler to Exit? / But Integrity First Wants to Grow Wholesale / Ally Calls it Quits on Mortgage Banking / NAR Hates the PATH

August 5, 2013
Paul Muolo
Ocwen is looking at $400 billion of MSR deals, at least. Meanwhile, a lager wholesale may exit, and no, it's not EverBank.
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Short Takes: Vote on Watt Delayed Again / Mortgage Applications Falling / GSEs Waiting on Combined RESPA/TILA Disclosure / Walter Inks MSR Deal for Reverse Mortgages

July 31, 2013
Brandon Ivey and Charles Wisniowski
The Senate won't vote on the nomination of Rep. Mel Watt, D-NC, for director of the Federal Housing Finance Agency, before leaving for its August recess.
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EverBank to Close its Wholesale Broker Mortgage Business

July 30, 2013
Brandon Ivey
Everbank is closing its wholesale business with mortgage brokers.
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$4 Billion-Plus in MSRs Up for Grabs Through IMA

July 25, 2013
Paul Muolo
The MSR market continues to percolate with two new deals from Interactive Mortgage Advisors.
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Flagstar Wants to be a Major Player in Subservicing Arena

July 24, 2013
Paul Muolo
Is Flagstar about to pull off a massive sale of MSRs?
Read More
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