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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Wells Fargo Contemplates Servicing Sales

February 11, 2013
Paul Muolo
Wells Fargo is contemplating selling some of its massive $1.906 trillion residential servicing portfolio while maintain a subservicing relationship with the end consumer.
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FHFA Keeping a Careful Eye on Bulk MSR Deals, Capacity a Concern

February 7, 2013
Paul Muolo
The Federal Housing Finance Agency is concerned about large scale transfers of mortgage servicing rights.
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Nationstar, in a Bid to Diversify, Agrees to Buy Settlement Services Division From Equifax

February 6, 2013
Paul Muolo
Nationstar Mortgage has agreed to buy the settlement services unit of Equifax.
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HLSS May Purchase MSRs From Outside Parties

February 4, 2013
Paul Muolo
HLSS may branch out and buy mortgage servicing rights from companies other than Ocwen.
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Short Takes: Nationstar Closes on BofA MSRs but More to Go / Walter About to Launch Originations / Stonegate Latest to Enter Jumbo Space / Promontory Enters the Nonperforming Loan Space

February 4, 2013
Paul Muolo
Nationstar Mortgage closes on servicing deals.
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Top Executives About to Bolt GMAC?

February 1, 2013
Paul Muolo and Thomas Ressler
With Ally Financial selling ResCap and auctioning off what's left of the bank's servicing business, top executives are departing the company.
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Thanks to the CFPB, Compliance Costs to Soar?

January 31, 2013
Paul Muolo
What We’re Hearing Certain mortgage bankers are using a four-letter word to describe the trifecta of “final” regulations unveiled by the CFPB the past two weeks, and as you might guess that word isn’t “love.” The rules – servicing, qualified mortgages and loan originator compensation – will shape the industry for years to come... plus other mortgage industry happenings.
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Nationstar Forms Mortgage Company with KB Home

January 31, 2013
Thomas Ressler
Nationstar Mortgage and KB Home are taking their strategic partnership to another level, setting up a new mortgage company that will provide mortgage banking services to new KB homebuyers across the U.S., the two firms announced.
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Short Takes: Bexil Gets Castle, PennyMac Gets More Lines, One More QM Thought

January 30, 2013
Bexil American Mortgage, a company headed by industry veteran John Robbins, finally revealed the name of the mortgage banking firm it agreed to buy a few weeks back: Castle Mortgage of Vestavia Hills, AL.
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Robbins’ Bexil American Gets GNMA Eagle, Agrees to Buy Nonbank

January 30, 2013
Paul Muolo
Bexil American Mortgage has finally obtained its Ginnie Mae servicer approval and this week inked a deal to purchase a small nonbank lender whose identity it, so far, has not been revealed.
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