Mergers & Acquisitions

Browse articles from IMFnews related to Mergers & Acquisitions.

November 8, 2018 - IMFnews

Short Takes: A Sale Agreement but What’s the Price, Mr. Cooper? / A Material Event? / UBS Expects DOJ Action / Ellington’s New Non-QM MBS / A New Hire for Home Point

UBS said the Department of Justice intends to file a civil complaint against the company relating to pre-crisis MBS issuance...

November 8, 2018 - IMFnews

Mr. Cooper Reports $54 Million Profit for 3Q18, Agrees to Buy $10B Originator

Several months ago, rumors began to surface that Pacific Union might be for sale...

November 7, 2018 - IMFnews

Ocwen’s New CEO Talks About Severance Payments, but Growth Too

Ocwen CEO Glen Messina: "Having completed the merger, we now have unrestricted access to PHH employees..."

November 7, 2018 - IMFnews

NYSE Suspends Trading in Ditech, Nation’s 13th Largest Servicer

Ditech said it has no plans to appeal the NYSE’s decision.

November 5, 2018 - IMFnews

Mutual of Omaha’s MB Inks Deal to Buy Assets of BBMC

No details were provided regarding the assets that Synergy will take on…

November 2, 2018 - IMFnews

What We’re Hearing: The Strange Case of Fannie Mae and Freddie Mac / Pro-Pilot Programs / Warren Buffett and the GSEs / Mortgage Recruiter by Day, Opera Singer by Night / Lima One Makes its Move / Magnetar?

A huge non-QM expansion for Athas Capital?

November 1, 2018 - IMFnews

First Pacific Advisors Discloses a 30.9 Percent Stake in Ditech

First Pacific is an institutional money management firm...

November 1, 2018 - IMFnews

New Residential Readies Additional Offering of Stock. MSRs on the Shopping List?

According to Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with a $384.0 billion portfolio at Sept. 30.

October 31, 2018 - IMFnews

MIAC, Phoenix Capital Out with New MSR Offerings

According to the offering circular, the portfolio is top-heavy with Ginnie product...

October 29, 2018 - IMFnews

Prestwick Announces Auction of GSE, Private Investor MSRs

Fannie Mae receivables dominate the package at $70.9 million...

October 29, 2018 - IMFnews

MSR Transfers Boomed in 3Q18, Aided by Franklin American Sale

The top five bulk MSR transfers were led by Franklin American, followed by Stearns, loanDepot, Flagstar and United Shore/United Wholesale Mortgage…

October 26, 2018 - IMFnews

Incenter Announces Large MSR Auction

Loans from California account for the largest chunk of receivables at 18.3 percent...

October 25, 2018 - IMFnews

New Residential Reports Strong 3Q18 Results, Bought $43B of MSR During the Period

The New York-based real estate investment trust has been on an MSR acquisition tear the past three years...

October 22, 2018 - IMFnews

Phoenix Capital Selling Ginnie Mae Servicing Rights

Florida loans account for the largest chunk of the receivables at 13 percent...

October 16, 2018 - IMFnews

MBS ‘Godfather’ Ranieri Agrees to Sell Servicing Company Selene

“It’s time to go,” said Ranieri...

October 15, 2018 - IMFnews

Incenter, Phoenix Capital Out with New MSR Auction Notices

IMA described the selling originator as an “independent mortgage banker with strong net worth...

October 15, 2018 - IMFnews

Mortgage-Hungry Insurance Conglomerate Hits the Pause Button on M&A as Grand Jury Convenes

Eli Global’s mini-mortgage empire includes lender/servicer Castle & Cooke, wholesaler Western Bancorp, Prime Mortgage and a warehouse lending division called CapLoc…

October 9, 2018 - IMFnews

The M&A Roundup: Lots of Chatter, Not a Lot Getting Done (Yet)

Meanwhile, the largest potential deals looming over the market continue to be Ditech Financial and loanDepot…


With loan volumes declining, does your shop have plans to enter the non-QM lending market in 2019?

Yes, definitely. A solid move forward.
Yes, but only incrementally.
We’re pondering a move into non-QM, but haven’t made up our mind.
No, definitely not. We view it has too risky.

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