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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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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...
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Want to Get into the Mortgage Insurance Business? Here’s Your Chance

July 20, 2021
Paul Muolo
Despite the fact that PMI has been acting as a reinsurer to Arch Mortgage Insurance (Arch bought some of its assets in 2014 as it gained entry to the sector), PMI has a bare-bones website and a skeleton management crew headed by Ray Chang and Thomas Clancy, who are listed as chief financial officer and chief operating officer, respectively.
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Quicken Expected to Offload MSRs in a Hot Market

July 8, 2021
A stampede to sell MSRs in the third quarter? That's what the dealmakers are expecting...
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Mr. Cooper Selling Off its Reverse Mortgage Servicing Business

July 6, 2021
Brandon Ivey
The sale of the Champion Mortgage reverse mortgage servicing portfolio allows Mr. Cooper to focus on its core business and improve profitability.
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Blend’s IPO Could Raise Upwards of $414 Million

July 6, 2021
Brandon Ivey
The IPO values Blend at more than $4.0 billion.
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Mortgage M&A Remains Hot. Caveat: Sellers Remain Picky

June 28, 2021
Paul Muolo
The mortgage M&A market is pockmarked with indecisive sellers...
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JPM, Others Boost Investment in Non-Agency Aggregator Maxex

June 22, 2021
Brandon Ivey
Maxex chief Tom Pearce said the latest investments by AGNC and Moore are part of a new equity incentive model.
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Short Takes: Ocwen Strikes Again in M&A / Expanding Its Reverse Universe / (Recent) Past Deals / Denial Rates Released Via HMDA / New Hires for Deephaven Mortgage

June 18, 2021
Paul Muolo
Ocwen has its check book out. Who's next on its buying ist?
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Top-50 Ranked NB Moves to Purchase Roscoe of Texas

June 15, 2021
Paul Muolo
No information was available on Roscoe’s residential business. Its home lending portfolio totals just $24 million.
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Credit Union Steps Up to Buy TIAA’s Correspondent Unit

June 9, 2021
Paul Muolo
No purchase price was revealed. It marks at least the second known correspondent sale of the spring/summer season...
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