National Mortgage News recounts some of the notable mergers and acquisitions completed in the past 12 months.

The deadline for a $28 million deal between Bancorp 34 and CBOA Financial was pushed later into 2024 after Bancorp 34, the buyer, announced it would restate third-quarter results to reflect a significant loss tied to a worsening commercial real estate credit.

Both companies have been at the center of other M&A transactions over the past two years, as each looked to expand their national footprint.

Financing costs have risen and consolidation has reduced the number of active players. Will policy changes shift the market's course?

The victory for Rithm, which began as a firm investing in mortgage-servicing rights, makes it a big player in money management now that it has Sculptor's $32.8 billion of assets.

The agreement includes funds for small-business lending and mortgages for low- and moderate-income borrowers in California and Massachusetts. It puts an end to questions about the fate of an $11.2 billion plan that Silicon Valley Bank inked before it failed in March.

The pact comes as dual court hearings scheduled in New York and Delaware Tuesday threatened to derail the Nov. 16 shareholder vote that would green light the $12.70 per share deal.

The decision removes any possibility that the Chicago-based firm would recapitalize or peddle Republic Mortgage Insurance to an outside entity.

The newly merged ICE Mortgage Technology entered into agreements with two companies this week to facilitate closings and income verification.

Rithm Capital Corp.'s plan to acquire Sculptor Capital Management hit another hurdle Wednesday when four former executives sued the hedge fund firm, alleging the transaction would wipe out more than $127 million of shares they own.