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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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MountainView Offers Fannie/Freddie MSR Portfolio

June 15, 2018
Paul Muolo
The average loan size of the package is $224,106…
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MSR Market Heats Up, New Auctions from Phoenix, MIAC

June 14, 2018
Paul Muolo
Bank buyers of MSRs favor packages that are at least $2 billion in size…
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Don’t Look Now but Ginnie Servicing Prices are the Best They’ve Been All Decade

June 14, 2018
Paul Muolo
Servicing brokers such as Mark Garland, Steve Harris and Tom Piercy are seeing new entrants to the MSR-buying market…
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THL Closes on Investment in Guaranteed Rate. Nonbank Anticipates Record Production This Year

June 13, 2018
Paul Muolo
Despite heralding the investment made by Thomas H. Lee Partners, Guaranteed Rate will not say how much the PE firm invested or how large of a stake it acquired…
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Mortgage M&A Mania has Finally Arrived. Who’s Next?

June 12, 2018
Paul Muolo
Mark Stafford, managing director of MS Capital Advisors: “Margin compression is real and many companies lost money in the first quarter.”
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Pittsburgh Bank Agrees to Sell its Consumer Finance Unit

June 11, 2018
Paul Muolo
Besides selling RFC, the publicly traded FNB is consolidating 20 of its branches in a cost cutting move.
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Short Takes: Celebrity Wants to be a Player in Mortgage M&A / Commercial Bank Seeks Mortgage Company / Garrett on LO Pay / Genworth Sale Clears a Hurdle / Wells Fargo LO Bolts for Nonbank

June 11, 2018
Paul Muolo
Consultant Joe Garrett: "Salesmen don’t get paid less just because the company didn’t do well..."
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Mortgage M&A Mania has Finally Arrived as Franklin American and Castle & Cooke Head for the Exit

June 7, 2018
Since the beginning of the year, at least 11 mortgage banking franchises have come to terms with new owners, representing annualized loan production of $70.3 billion – enough volume to rank as the nation’s fourth largest lender, according to figures compiled by Inside Mortgage Finance. [Includes one data chart.]
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Short Takes: CIT Exits Servicing Business / Hensarling and Godot / Sinking Share Prices for Fannie and Freddie / Who You Calling Small? / Cooper Labs?

June 7, 2018
Paul Muolo
If you’re looking for a barometer on reform legislation passing, just take a peek at the share price of Fannie and Freddie common.
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Flagstar Agrees to Buy 52 Branches and Loans from Nation’s Largest Home Lender, Wells Fargo

June 5, 2018
Paul Muolo
A Wells Fargo spokesman: "We currently have 33 home lending locations in those states and no home lending team members will be moving to Flagstar as part of this divestiture."
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