M&A
M&A
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Movement Mortgage is purchasing the entire retail production division of Lennar's Eagle Home Mortgage subsidiary, although the homebuilder will still have a home finance business on its books.
January 9 -
Fintechs must be held to the same standards as regulated financial institutions, a letter from the National Association of Federally-Insured Credit Unions stated that used Zillow's entrance into the mortgage business as an example.
January 9 -
Private equity firm Lovell Minnick Partners has purchased mortgage and property information provider Attom Data Solutions from Renovo Capital and Rosewood Private Investments.
January 8 -
Mr. Cooper Group is buying servicing rights on $24 billion in mortgages, a subservicing contract for an additional $24 billion in home loans and the Seterus platform from IBM.
January 3 -
New Fed Mortgage's pending acquisition of Commonwealth Mortgage LLC will allow it to expand its geographic footprint outside of New England.
January 2 -
These days, no wedding is complete without a hashtag combining the happy couple's names. It got us thinking: Why not give mortgage industry M&A deals the same treatment?
December 26 -
A year ago, National Mortgage News made five predictions regarding how the mortgage industry would fare in 2018 — and we got four of them right.
December 21 -
Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.
December 21 -
New American Funding expects to add $1 billion to its annual production next year by purchasing Marketplace Home Mortgage.
December 19 -
Class Valuation, a Troy, Mich.-based appraisal management company, acquired Landmark Network, which specializes in providing valuation services for reverse mortgages.
December 18