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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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Consolidation and Competition Reduces the Number of LOS Vendors

November 6, 2019
George Brooks

The decrease in LOS vendors comes courtesy of industry consolidation from M&A deals, fewer vendor offerings of multi-system platforms and the failure by some platforms to adapt...


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Short Takes: FHFA to the GSEs: About Those Financial Advisors You Were Going to Hire… / The DJIA Tumbles Again / When Lower Rates Hurt / Genworth’s China Problem

October 31, 2019
Paul Muolo and Dennis Hollier

Genworth’s sale to China Oceanwide Holdings is still pending. The deal was struck back in 2016. So what’s the hold up? The short answer: Selling anything to China is complicated these days...


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Flagstar Investor Readies Large Stock Sale

October 30, 2019
Brandon Ivey

MP Thrift, which is controlled by MatlinPatterson, completed a slightly larger sale of Flagstar’s shares last year...


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HPS Investment Partners Pounces in the (News) Nonprime Market, Agrees to Buy Citadel Servicing

October 29, 2019
Paul Muolo

Citadel has not securitized non-QM loans, opting instead for whole loan sales. But with a new owner, all that could change...


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What We’re Hearing: Surprise: $700 Billion / That Was Then, This is Now / A Head Fake? / Born Again via Receivership or Conservatorship? / Don’t Bet On It / Stearns Exec Bolts for CMG Mortgage

October 25, 2019
Paul Muolo

And now for the big question: Where do we go from here?


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Bulk Servicing Sales Hit a Wall in 3Q19, Down 29%

October 21, 2019
John Bancroft

Co-issuance transfers – a smaller market – actually increased 52.9% sequentially to $59.4 billion…


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Top Bulk MSR Seller in 3Q19? A Battle Between Two Michigan-Based Mortgage Giants

October 18, 2019
John Bancroft and Paul Muolo

loanDepot was also an active seller of bulk MSRs in the third quarter, according to an exclusive tally from Inside Mortgage Trends…


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Short Takes: MSR Marks an Issue? Yep / MorVest Selling Bulk GSE Rights / Making FHA Loans to Borrowers with IRS Debt / A New Hire for MAXEX / Correction

October 15, 2019
Paul Muolo

One servicing advisor told us he anticipated his clients (smaller shops) would likely take a hit of 2 to 5 bps on their MSRs, but it looks like the big boys are reporting numbers that are worse than that...


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Redwood to Acquire Single-Family Rental Lender CoreVest from Fortress

October 15, 2019
Brandon Ivey

After the transaction closes, business-purpose lending investments will account for more than 15% of Redwood's investment portfolio, up from a 4% share.


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Short Takes: The GSE Recap Train Leaves the Station. Next Stop? / Strategies for the Future? / Compliance Required / Bracing for Large MSR ‘Marks’ / Waiting on a Recession

October 4, 2019
Paul Muolo

Shouldn’t the managements of Fannie and Freddie start preparing for the day when they’re “free” from the shackles of regulatory bondage? Shouldn’t CEOs Hugh Frater (Fannie) and David Brickman (Freddie) be holding high level meetings with their lieutenants regarding strategies for the future?


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