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Home » Topics » Inside Mortgage Finance » Mergers & Acquisitions

Mergers & Acquisitions
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All Hail the Return of MSR ‘Markups,’ At Least for Now

April 29, 2021
Paul Muolo
It’s a given: When rates rise, servicing values increase. Problem is, there hasn’t been much rate-rising going on. That is, until recently.
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Grapevine: It’s M&A Season; Helping Those Who Missed the Refi Boat

April 29, 2021
Paul Muolo and Brandon Ivey
Okay, industry consolidation is arriving. But what about prices? Also, more refis could be on the way, courtesy of the GSEs.
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Mortgage M&A Heats Up with Caliber-NRIC Deal

April 15, 2021
Paul Muolo
Last week, word began to leak out that Caliber Home Loans was talking to New Residential Investment Corp. about a deal. Turns out, the sale chatter was true.
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Grapevine: $500 Million Says A Lot; Mortgage Tally: JPM Up, Wells Down

April 15, 2021
Paul Muolo
SoftBank places a $500 million bet on the digitization of residential finance by taking a stake in Better.com. Also, mortgage earnings season has begun.
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Will Caliber’s IPO Plan Morph Into a Franchise Sale?

April 8, 2021
Paul Muolo
There’s more than one way to turn your mortgage company into cash. One is an IPO. The other is an outright sale. Will Caliber go the latter?
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When It Comes to MSRs, the Catchword is Deleverage

April 8, 2021
Conditions are ripe to unload servicing assets, either on a flow or bulk basis. One factor: a fear of higher tax rates.
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Grapevine: Spinning Off Genworth MI? / Waiting on an FHA MIP Cut

April 8, 2021
Maria Volkova
The long running M&A saga of Genworth and its foreign suitor finally ended this week. Also, look for an FHA MIP cut down the road?
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Servicing Prices: Happy Days are Here Again

March 18, 2021
Paul Muolo
It stands to reason that rising rates would fuel servicing valuations. Some brokers expect a strong second quarter in sales, with the third quarter even better.
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Mortgage Grapevine: A Big (Coming) Contract Loss for Cenlar; GSE Reform? Huh?

March 18, 2021
Plush with record earnings, loanDepot is building an inhouse servicing system, which means its current vendor, eventually, will lose business. Meanwhile, is GSE reform a possibility once again?
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Grapevine: A Change in MSR Plans; The Mark is 100 bps

February 25, 2021
Paul Muolo and Dennis Hollier
A change in plans for Caliber’s MSR sales? Looks that way but bidders will get another shot. Meanwhile, servicing values are firming up.
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