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Home » Topics » IMFnews » Mergers & Acquisitions

Mergers & Acquisitions
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And the MSR Deals Keep Coming. IMA Selling a $10B-Plus Bulk Package

June 21, 2018
Paul Muolo
At $10.3 billion, the package is believed to be one of the largest in the auction market right now.
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loanDepot Employees Discuss the Amazon Rumor. But is it True? CEO Calls it a ‘Good One’

June 21, 2018
Paul Muolo
If the deal comes off, loanDepot employees will receive free Amazon Prime accounts…
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As the Mortgage M&A Train Continues on Its Path, Eli Global Emerges as an Eager Buyer – to an Extent

June 21, 2018
Eli Global is hardly a household name in residential finance, but the privately held investment firm aims to be a player in the industry by purchasing mortgage companies and running them as separate entities.
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Incenter and MIAC Out With Bulk MSR Auctions

June 20, 2018
Paul Muolo
The delinquencies on the MIAC package total 5.3 percent…
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Short Takes: Wholesale Profit Margins Under Pressure Too? / Commercial Bank Seeks MB / A New IO MBS from JPM / An Update on Ex-FGMC CEO Peters / New Hires for Two Harbors, Walker & Dunlop

June 20, 2018
Paul Muolo and Brandon Ivey
All of the loans in the new JPM deal were originated by First Republic Bank, with seasoning of seven years...
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More Commercial Banks Bidding on Mortgage Servicing Rights. Changes to Basel III a Factor?

June 18, 2018
Paul Muolo
Ed Robinson, senior vice president in charge of mortgage banking for Fifth Third, told Inside Mortgage Finance his bank made a conscious decision to jump into the MSR acquisition arena…
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Prestwick Selling Fannie MSR Package Into a Strong Market

June 18, 2018
Paul Muolo
Prestwick’s George Christo cites “float earnings” as a significant value driver…
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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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