Angel Oak Rolls Out Fix & Flip Wholesale Option, Hires JPM Exec February 26, 2019 Paul Muolo To lead the effort, Angel Oak hired JPMorgan executive Will Jackson…Read More
TIAA Throws Traditional Retail Overboard, USB Will Get Some of the 65 Branches February 21, 2019 Paul Muolo TIAA CEO Blake Wilson: “Mortgage lending is a dynamic and highly competitive industry and the market we’re in today is very different than just a few years ago..."Read More
Short Takes: BSI Looking to Buy MSR Portfolios / Goldstone Running the Program / A Red Hot Servicing Market / A Strong Quarter for Texas Capital / Slip, Sliding Away: Fannie’s and Freddie’s Subprime Assets February 21, 2019 Paul Muolo and Brandon Ivey A red hot servicing market is keeping deal makers happy...Read More
IMA Offers Up an $11.9 Billion Fannie/Ginnie MSR Package February 20, 2019 Paul Muolo Roughly 21% of the receivables are in California…Read More
M&A Blues: Why Good Companies Aren’t Selling February 19, 2019 Paul Muolo Rumors continue to abound that internet retailing giant Amazon wants in…Read More
What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orm February 15, 2019 Paul Muolo On the doorstep: The recap and release of Fannie and Freddie?Read More
HomeStreet Bank Looks to Sell Mortgage Origination Business, MSRs February 15, 2019 Brandon Ivey The Seattle-based depository hired Keefe, Bruyette & Woods and MountainView as sale advisors…Read More
Activist Elliott Pondering a Bid for Deephaven Mortgage? February 15, 2019 Paul Muolo Non-QM lenders are in demand these days, or so it appears…Read More
Short Takes: A Nice Month for Pershing Square / No Mention of the GSEs / A Mortgage-Related M&A Deal Drags On / Delayed by the Chinese New Year / A New MBS From Deephaven / Pavaso Hires Mortgage Tech Vet Tim Anderson February 13, 2019 Paul Muolo and Brandon Ivey After two-plus years of waiting, the Genworth deal has yet to close... Read More
PE Firm to Take Ellie Mae Private in a Deal Valued at $3.7 Billion February 12, 2019 Paul Muolo Under the terms of the agreement, Ellie Mae shareholders will receive $99.00 in cash per share. Read More