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Home » Topics » Inside Mortgage Trends » Mergers & Acquisitions

Mergers & Acquisitions
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Muted Optimism and a Slow Start for MSR Sales  

January 6, 2023
Paul Muolo
The year just closed was a barn-burner for bulk auctions of servicing rights. As for 2023, sales could be brisk but pricing will likely disappoint.
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Rushmore Quietly Exited TPO Ahead of Sale

September 23, 2022
Paul Muolo
It’s not easy making a living originating loans these days, especially for third-party lenders. The latest firm to exit TPO: Rushmore.
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Grapevine: Recession Odds a Coin Flip, Update on Flagstar’s Merger

July 29, 2022
Brandon Ivey
MBA punts on recession forecast; interest rates on mortgages expected to decline; Flagstar merger dragging on; homeowners want mortgage financing for energy improvements.
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Rocket’s Truebill Buy Will Help Customer Acquisition

March 11, 2022
Sam Manas
Maintaining contact with potential borrowers through Truebill could lower the lender’s cost to acquire consumers, according to Rocket Mortgage CEO Jay Farner.
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Grapevine: Foreclosure Starts Rise; SEC Proposes Cybersecurity Rules

March 11, 2022
Brandon Ivey
Foreclosure starts increased in February; SEC to revamp cybersecurity reporting for public companies; Tradepost acquires GSF Mortgage as part of an expansion of Go Companies; Milo raises $17 million; MISMO to develop standards for eVaults.
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Grapevine: SoFi Obtains Bank Charter; UWM Paying for Appraisals

January 28, 2022
Brandon Ivey
Financial technology lender SoFi is set to acquire a bank; United Wholesale Mortgage will cover appraisal costs on purchase mortgages through the end of March; mortgage tech companies raise capital; CoreLogic offers new fraud-detection service; low-code marketplace launched.
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Grapevine: Blockchain Not a Priority; Ishbia Pulls Stock Offering

November 24, 2021
Brandon Ivey
Lenders and servicers don’t see much use in blockchain technology for now; Mat Ishbia abruptly terminated a stock offering involving United Wholesale Mortgage; federal banking regulators set computer-security disclosure requirements; nCino to acquire SimpleNexus.
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Another Title Giant Enters the Subservicing Arena

October 29, 2021
Paul Muolo
ServiceMac is the second large subservicer to be sold to a title giant in less than three years. The reason: Title shops love fee-based businesses.
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New Study Finds Competition Reduces Cost of a Mortgage

October 15, 2021
Dennis Hollier
Local concentration of mortgage lending may not raise interest rates, but it does increase fees and points, especially for low-income and minority borrowers.
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On the Cusp of a Boom in Mortgage M&A Deals

October 1, 2021
Paul Muolo
In quarters past, predictions of a boom in mortgage company sales have been premature. But what about now? And can sellers close by yearend?
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