Black Knight, In Bid for Merger Approval, Agrees to Divest Certain Businesses March 7, 2023 Sam Manas CHLA said it sees no movement on some of the key consumer issues of the deal...Read More
Short Takes: Rocket and M&A / No Premium for Retail / A Steady Dividend / C-Suite Changes at APM March 3, 2023 Paul Muolo and Brandon Ivey The origination market being what it is, Rocket can pick up production assets on the cheap, a plus...Read More
Short Takes: Buffett Buys Some Mortgage Assets / MSRs for Sale / Funding Mortgage Tech: Flagstar / The BKI Sale: Ice, Ice, Baby / Better.com’s Reduced Valuation February 28, 2023 Paul Muolo Lenders may be facing tough times but that isn’t stopping some shops from seeking out good ideas in the tech space.Read More
Waiting On 'Mega' Nonbank Mergers... February 24, 2023 Paul Muolo When might some of the larger nonbank shops merge? Maybe in a few quarters...Read More
Incenter, MIAC Roll Out New MSR Auctions February 23, 2023 Paul Muolo The largest MSR offering of the week is a $6.47 billion portfolio of Fannie/Freddie Mac product from Incenter...Read More
FoA Strikes Deal to Unload Its Fix-and-Flip Unit February 21, 2023 Paul Muolo FoA, once a prime and non-QM lender/servicer, has been restructuring its business over the past year...Read More
Mutual of Omaha Buys Assets from Realtor’s Mortgage Company February 21, 2023 Paul Muolo The Keller Williams real estate brokerage boasts 1,100 offices and 200,000 associates.Read More
Wells Testing the Waters With Two MSR Offerings February 7, 2023 Paul Muolo A spokesman for Wells said he cannot “address speculation" regarding servicing sales...Read More
Short Takes: Time to Sell Title? / A Rich Deal / ‘No Managers’ Model Yields Profits / Fairway Intends to Dominate in Reverse Lending February 6, 2023 Monica Hogan and Paul Muolo Time to sell your title business?Read More
FoA Affiliate Inks Deal to Sell Title Division February 2, 2023 Paul Muolo Nonbank lender FoA posted revenues of just $71 million in 3Q22, half of what it took in the quarter before...Read More
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