M&A
M&A
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Pretium Partners is buying Selene Finance, a residential mortgage servicer, from funds managed by Oaktree Capital Management and Ranieri Partners.
October 16 -
Washington Mutual successor WMIH Corp. has completed its pending 1-for-12 reverse stock split and its common shares will soon begin trading under the Mr. Cooper name it inherited from Nationstar Mortgage.
October 10 -
Intercontinental Exchange, the owner of the New York Stock Exchange, has purchased the remaining equity in Merscorp Holdings it did not already own.
October 4 -
Ocwen is putting plans in place to realize $100 million in savings using resources from its acquisition of PHH Corp., which has just closed.
October 4 -
After being acquired by Citizens Bank, Franklin American Mortgage has an expanded customer base and product offerings, but is also better positioned to embrace digital mortgage technology, says Franklin Chief Information Officer Matt Rider.
October 2 -
Ocwen Financial Corp. has gotten the go-ahead to acquire PHH Mortgage Corp., subject to revised New York restrictions on acquisitions of mortgage servicing rights, and other conditions imposed by the state.
September 28 -
Bemortgage, currently a division of Chicago's Bridgeview Bank formed last November by a former Guaranteed Rate executive, will become a part of CrossCountry Mortgage.
September 26 -
Stearns Lending is buying large equity stakes in smaller mortgage banking companies as it looks to grow its retail loan production business.
September 12 -
The Ohio company agreed to buy TransCounty Title Agency, which has five offices around Columbus.
September 4 -
Annaly Capital Management will be able to proceed with a delayed exchange offer needed for its acquisition of MTGE Investment Corp. because it has been able to satisfy incomplete deal conditions.
August 22 -
Computershare Loan Services has agreed to acquire a loan fulfillment and secondary marketing unit owned by LenderLive Holdings in order to broaden its services along the full mortgage lifecycle.
August 20 -
The expiration of Annaly Capital Management's offer to purchase MTGE Investment Corp. was delayed until Sept. 7 so the two real estate investment trusts have more time to satisfy deal conditions.
August 20 -
Credit Karma is diving into the mortgage industry with a plan to acquire digital mortgage startup Approved, a provider of consumer-facing online point of sale technology.
August 17 -
The Michigan company had been operating under the supervisory agreement since 2010.
August 17 -
Atlantic Bay Mortgage Group and Virginia Community Bank have agreed to back out of a merger that would have been a rare instance of a nondepository lender acquiring a depository institution.
August 14 -
Gateway Mortgage's owners are acquiring the majority interest in Farmers Exchange Bank and will merge the lender into the Cherokee, Okla.-based depository.
August 8 -
Zillow Group is moving from being a mortgage marketer to originating loans with its acquisition of Mortgage Lenders of America, in an effort to support its home-flipping business.
August 6 -
PHH Corp. remained above the adjusted net worth and cash requirements for the company's proposed acquisition by Ocwen to take place, even though it lost $35 million in the second quarter.
August 3 -
Xome acquired Assurant's Mortgage Solutions unit one day after its parent company Nationstar was bought by the shell company of the former Washington Mutual.
August 2 -
Most Nationstar stockholders other than a Fortress affiliate are voting to accept a shares rather than cash as a shell company holding Washington Mutual legacy businesses acquires the company.
July 30

















