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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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For Sale: A Rare Ginnie Package. More MSRs to Come?

April 23, 2021
Paul Muolo

A thaw is in the air when it comes to auctioning off Ginnie Mae servicing rights...


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Genworth Mortgage Joins the IPO Hustle

April 22, 2021
Dennis Hollier
Following the Oceanwide merger debacle, Genworth Financial licks it wounds by initiating plans to spin off its mortgage insurance business.
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Ocwen Will Pay a ‘Modest’ Premium for Texas Capital’s MSRs

April 22, 2021
Paul Muolo

For Ocwen, the acquisitions represent a chance to grow its lending business and bolster its MSR portfolio.


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Fannie/Freddie Flow MSRs Up for Grabs

April 19, 2021
Paul Muolo

More flow auctions are hitting the market...


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MSR Transfer Market Off to Puzzling Start in 1Q21

April 19, 2021
John Bancroft

Amazingly, there were no bulk transfers of Ginnie MSRs. None.


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Caliber's Sale Price of 1.0x Book Raises Some Eyebrows

April 16, 2021
Paul Muolo

If Caliber's MSR portfolio of $152.7 billion is valued at 100 basis points, that translates into a value of $1.52 billion, at least...


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Short Takes: Nice Earnings for a Megabank / BofA and Home-Equity Lending / Some History / The Caliber Termination Fee / New Residential’s 1Q21 Results

April 15, 2021
Paul Muolo

The termination fee on the NRIC-Caliber deal: $25 million.


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How to Pay for Caliber? Sell More Stock, Of Course…

April 15, 2021
Paul Muolo

What some may have forgotten: Last fall, NRIC submitted a confidential S-1 on its mortgage banking affiliate NewRez but the IPO never came off...


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When It Comes to MSRs, the Catchword is Deleverage

April 15, 2021

Missing from these calculations are two recent attempts by Caliber Home Loans to sell product — large offerings that were later yanked as the nonbank negotiated its sale to New Residential Investment Corp.


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Better.com Secures a $500 Million Commitment from SoftBank

April 14, 2021
Paul Muolo

According to figures compiled by Inside Mortgage Finance, Better – which is just five years old – ranks 36th among all home originators.


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