EverBank Financial Corp., Jacksonville, Fla., a top player in mortgage finance, is planning to sell up to $200 million worth of stock through an initial public offering.
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The money raised will be used for working capital and other purposes.
Among residential servicers, it ranks 19th nationwide, according to figures compiled by National Mortgage News and the Quarterly Data Report.
EverBank is an active wholesale lender, and ranks 28th among all funders.
The depository earned $120 million in the first half of this year.
Goldman, Sachs & Co., Bank of America Merrill Lynch, and Credit Suisse have been selected as joint book running managers on the deal.
