Items Tagged with 'Mergers and acquisitions'

ARTICLES

  • Fintech company Plaid boosts capabilities by acquiring competitor Quovo

    Reportedly spending $200 million in deal
    Last month, Plaid, a technology platform that connects various applications with users’ bank accounts and has a growing presence in the mortgage space, raised $250 million in its Series C funding round that pegged the company with a reported valuation of $2.65 billion. At the time, the company said that it planned to use the money to expand. And now, the company is using much of that money to do just that by acquiring one of its competitors.
    Read More
  • Watch: Movement Mortgage CEO explains why buying Eagle Home retail is win-win for everyone

    Exclusive interview with HousingWire
    In a video interview, HousingWire's Editor-in-Chief asks Movement Mortgage CEO Casey Crawford 3 burning questions: Why'd you pick up Eagle? What does this mean to the culture of Movement to be expanding after some contraction? Is this going to be a trend for lending in 2019? Watch our exclusive video to hear his expert answers.
    Read More
  • Movement Mortgage buying big piece of Lennar’s Eagle Home Mortgage

    Acquiring retail operations of homebuilder’s mortgage arm
    Movement Mortgage has been through a couple rounds of layoffs this year, but when the nonbank lender laid off 180 employees back in October, CEO Casey Crawford said the company had no plans to step back. And that’s just what the company has done. Movement Mortgage announced Wednesday that it is acquiring a big piece of Lennar’s mortgage arm, Eagle Home Mortgage.
    Read More
  • ATTOM Data Solutions acquired by private equity firm Lovell Minnick Partners

    Data provider plans to grow
    ATTOM Data Solutions, the real estate data provider formerly known as RealtyTrac, is now under new ownership. The company announced Tuesday morning that it’s been acquired by Lovell Minnick Partners, a private equity firm, for an undisclosed amount. Previously, ATTOM was owned by Renovo Capital and Rosewood Private Investments.
    Read More
  • New American Funding acquires Marketplace Home Mortgage

    Minnesota-based lender does business in 15 states
    New American Funding, already one of the biggest lenders in the nation, is set to expand even more, as the company announced Tuesday that it acquired Marketplace Home Mortgage. Marketplace is based in Minnesota, has offices in Florida, Michigan, New Hampshire, South Dakota, and Wisconsin, and does business in 15 states.
    Read More
  • Mergers and acquisitions to surge in 2019

    Too many lenders chasing too few borrowers
    Mergers and acquisitions activity picked up significantly in 2018, a trend that is expected to continue into 2019 as the lending environment grows even more difficult. Today’s lending conditions are as challenging as they have been since the last recession, however, there are still strategies lenders can take to stay on top during this difficult season.
    Read More
  • Quicken Loans parent company Rock Holdings just bought Dictionary.com (really)

    Continues acquisition streak for Rock Holdings
    Rock Holdings, the parent company of Quicken Loans, is getting into the dictionary and thesaurus business. Literally. Rock Holdings announced this week that it acquired Dictionary.com and Thesaurus.com, websites that boast approximately 540 million pageviews per month. But why, one might ask? Read on.
    Read More
  • Ready Capital merging with Owens Realty Mortgage

    Companies say combination will help grow commercial lending operations
    Ready Capital, a real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans, including agency multifamily, investor and bridge, is set to grow its lending platform through a merger with Owens Realty Mortgage.
    Read More