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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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MSR Auctions Remain Muted, Activity From Prestwick, MorVest

August 6, 2021
Paul Muolo
MorVest Capital recently closed out its auction of $528 million of Fannie Mae MSRs. Without providing too much in the way of detail, MorVest CEO David Fleig told IMFnews the bids were “very strong.”
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In 2Q21, the MSR Gains Continue for Nonbanks

August 5, 2021
The appeal of owning MSRs seems to be lost on commercial banks. Will the trend line ever change?
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NJ Nonbank Sets Merger With Fintech Shop Figure

August 4, 2021
Brandon Ivey
Homebridge ranks 35th among all home lenders, according to Inside Mortgage Finance...
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Weaker 2Q Mortgage Results From Flagstar. Bank Ups Its Game in EBOs

July 28, 2021
Paul Muolo
Flagstar's gain-on-sale margin fell to 135 basis points compared to 184 bps in 1Q21. The company also reduced the asset value of its mortgage servicing portfolio...
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Ginnie MSR Transfers Surge, GSE Sales Decline

July 26, 2021
John Bancroft
The bulk transfer figures reflect deals that were struck in prior quarters...
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GSE Bulk MSRs Hit the Auction Circuit

July 26, 2021
Paul Muolo
The selling institution is based on the West Coast...
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Residential REIT Capstead Mortgage to Merge with Commercial REIT

July 26, 2021
Brandon Ivey
Following the merger, the REIT will operate under the name Franklin BSP Realty Trust with a focus on commercial mortgages.
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The Summer Doldrums Hit the MSR Auction Market. Temporary?

July 23, 2021
Investment bankers are hopeful bulk MSR acquisitions will soon pick up a head of steam — it’s just a matter of when.
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Short Takes: Awash in Borrowing Authority / A Buyer of MSRs? / Expressing a Desire to Grow / A New Nonagency MBS From Verus / Kraninger Lands / A Promotion at Freddie

July 23, 2021
Paul Muolo
Will Quicken actually buy MSRs? It certainty has the cash...
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Phoenix Offers GSE MSRs, MorVest Returns to the Auction Circuit

July 21, 2021
Paul Muolo
Signs of life in the MSR market? A bit, but no huge auctions, though buyers remain hungry...
Read More
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