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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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As Mortgage M&A Heats Up, Panorama Partners Ready to Pounce; Will Ocwen be a Buyer Again?

November 15, 2018
With originations slowing and scores of lenders pondering exit strategies, Panorama Partners is poised to make a big splash as a buyer of companies in the quarters ahead, according to Eric Egenhoefer, who’s teaming up with the private equity firm.
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Mr. Cooper Reports $54 Million Profit for 3Q18, Agrees to Buy $10B Originator

November 8, 2018
Paul Muolo
Several months ago, rumors began to surface that Pacific Union might be for sale...
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Short Takes: A Sale Agreement but What’s the Price, Mr. Cooper? / A Material Event? / UBS Expects DOJ Action / Ellington’s New Non-QM MBS / A New Hire for Home Point

November 8, 2018
Brandon Ivey and Paul Muolo
UBS said the Department of Justice intends to file a civil complaint against the company relating to pre-crisis MBS issuance...
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M&A Roundup: Plenty of Deals are Percolating But Will They Get Done? Is Ditech Saleable?

November 8, 2018
The potential sale of Ditech Financial – the largest prize in the mortgage M&A arena – hit a potential snag this week after the New York Stock Exchange suspended trading in the company’s common stock along with Series A and B warrants.
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NYSE Suspends Trading in Ditech, Nation’s 13th Largest Servicer

November 7, 2018
Paul Muolo
Ditech said it has no plans to appeal the NYSE’s decision.
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Ocwen’s New CEO Talks About Severance Payments, but Growth Too

November 7, 2018
Paul Muolo
Ocwen CEO Glen Messina: "Having completed the merger, we now have unrestricted access to PHH employees..."
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Mutual of Omaha’s MB Inks Deal to Buy Assets of BBMC

November 5, 2018
Paul Muolo
No details were provided regarding the assets that Synergy will take on…
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What We’re Hearing: The Strange Case of Fannie Mae and Freddie Mac / Pro-Pilot Programs / Warren Buffett and the GSEs / Mortgage Recruiter by Day, Opera Singer by Night / Lima One Makes its Move / Magnetar?

November 2, 2018
Paul Muolo
A huge non-QM expansion for Athas Capital?
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New Residential Readies Additional Offering of Stock. MSRs on the Shopping List?

November 1, 2018
Paul Muolo
According to Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with a $384.0 billion portfolio at Sept. 30.
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First Pacific Advisors Discloses a 30.9 Percent Stake in Ditech

November 1, 2018
Paul Muolo
First Pacific is an institutional money management firm...
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