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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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CMG Mortgage Expands in the Northeast, Assumes 14 RPM Branches

January 7, 2019
Paul Muolo
RPM CEO Rob Hirt was good-natured about the departures: “I wish CMG continued success into 2019…”
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Mr. Cooper to Take Control of IBM’s Seterus. Fannie a Big Client

January 4, 2019
Paul Muolo
Market sources said Seterus struggled to find new servicing clients to replace its dwindling contracts with Fannie Mae.
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Mr. Cooper to Take Control of IBM’s Seterus. Fannie a Big Client

January 4, 2019
Paul Muolo
Market sources said Seterus struggled to find new servicing clients to replace its dwindling contracts with Fannie Mae.
Read More

Stratmor Sees a Strong Year for Mortgage M&A. However…

January 3, 2019
Brandon Ivey
However, Steve Harris, president of MIAC Capital Markets, said he sees a weak market when it comes to “franchise” deals.
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MIAC Closes $8 Billion MSR Sale. Several Auctions in the Works

January 3, 2019
Paul Muolo
Several brokerage firms are working on MSR transactions…
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Short Takes: The First Mortgage M&A Deal of the Year? / Mnuchin is Aware of the IRS Tax Transcript Problem / Will Government Workers Miss a Mortgage Payment? / Happy New Year from President Trump: Your Pay is Frozen / Tom Selleck Keeps Pitching HECMs / Ce

January 3, 2019
Paul Muolo
Celink, a servicer of reverse mortgages, has agreed to pay the federal government $4.25 million for violating the False Claims Act...
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Lion Point Capital Declares 50 Percent Stake in Ditech

December 27, 2018
Paul Muolo
The investment banking firm Houlihan Lokey has been fielding offers for Ditech…
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Varde Ponders Selling Nonprime Unit Deephaven Mortgage

December 26, 2018
Paul Muolo
Matt Nichols, a former Goldman Sachs executive, launched Deephaven earlier in the decade as a correspondent buyer of non-QM loans.
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What We’re Hearing: The Senate Waiting Game and Mark Calabria / What Might Mnuchin Come Up With? / Otting and Mnuchin and One West / Angelo Mozilo Makes it Rain Once More / MorVest’s MSR Auction / George Bailey Lives (A VA Story) / A Short Publishing Brea

December 21, 2018
Paul Muolo
The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...
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‘Alternative’ Hedge Fund Varde Ponders Selling Nonprime Unit Deephaven; Other M&A Deals Begin to Percolate

December 20, 2018
Varde Partners, which four years ago purchased fledgling nonprime lender Deephaven Mortgage, Charlotte, NC, is now contemplating selling the company, industry officials who claim to have knowledge of the matter told Inside Mortgage Finance this week.
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