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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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
Paul Muolo and George Brooks
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?
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Thanks to Higher Rates, Mortgage IPOs Could Prove More Difficult

July 23, 2013
Paul Muolo
The easy money may be over for mortgage IPOs, but that doesn't mean deals won't get done.
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What We're Hearing: Industry Facing 40 Percent Layoffs? / Movement Mortgage Trims Staff / Mel Watt to the Rescue? / 125 Percent LTVs are Back, No Not HARP / HUD Auctions Off More than $3 Billion of NPLs / Hensarling Schedules Markup of GSE Bill

July 19, 2013
Fear and loathing in the mortgage job market? Movement Mortgage has let several mortgage workers go. Can looser underwriting standards save the day?
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