M&A
M&A
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Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.
February 18 -
Fidelity and Essent reported higher year-over-year profits in the last three months of 2019 as refinancing increased business volume, but Black Knight took a hit on its Dun & Bradstreet investment.
February 14 -
First American Financial, a title insurance underwriter and settlement services provider, is acquiring mortgage document firm Docutech for $350 million in cash.
February 13 -
Whether a deal involves a minority stake or a whole company carve-out, buyers and sellers should be aware of five issues that may pose transaction risk in the mortgage market.
February 11 -
Simon Property Group agreed to buy rival shopping-mall operator Taubman Centers for about $3.6 billion, a combination that comes as e-commerce continues to roil brick-and-mortar retail.
February 10 -
The strong refinance market in the fourth quarter propelled earnings at three different mortgage-related business that also were dealing with merger and acquisition activity during and after the period.
February 6 -
The U.S. mortgage insurance business remained a bright spot for Genworth Financial, as fourth quarter adjusted operating income increased 29% and new insurance written rose nearly 95% over the prior year.
February 5 -
A 10-basis-point year-over-year increase in gross margin on loans sold, along with a nearly 30% increase in origination volume, helped Waterstone Mortgage turn around its fourth-quarter results.
January 31 -
Howard Bancorp is transferring its mortgage business, along with VAMortgage.com, to a limited liability company formed by former managers in the division
January 24 -
Provident Bank in Amesbury, Mass., has entered warehouse lending after buying a business from People’s United Financial in Bridgeport, Conn.
January 22