Items Tagged with 'M&A'

ARTICLES

  • Global fintech investment doubled in 2018

    But total number of deals increased only slightly
    In 2018, global fintech investment doubled as large companies doubled down on their efforts, creating several mega deals throughout the year. The total global fintech investment increased from $50.8 billion in 2017 to a full $111.8 billion in 2018.
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  • University Lending acquires assets from Huron Valley Financial

    Deal includes acquisition of HECM lender 1st Nations Reverse
    University Lending has acquired assets from Huron Valley Financial, taking on 52 of its employees, including its wholesale lending division, HVF Partners, and its reverse mortgage channel, 1st Nations Reverse. The deal between the two Michigan-based companies will bring University’s total employee headcount to 440 and will make it the largest locally based first mortgage originator, University said.
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  • Kroll says some banks are rethinking viability of mortgage lending business

    Predicts challenging market conditions will have some small retail operations closing up shop
    The mortgage industry has witnessed very few mergers and acquisitions in the last year, despite what Kroll Bond Rating Agency calls a "fertile environment" for M&A activity. Why? Blame low profits and high origination costs. According to KBRA, the climate has some banks rethinking their positions, with some selling of mortgage assets and others simply exiting the business completely.
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  • Expert: M&A to pick up as down cycle begins

    Not enough borrowers to compete for
    Mergers and acquisitions are about to pick up as the housing market sees the beginning of its down cycle, according to Ted Krus, Flagstar Bank director of executive projects and a 2017 HousingWire Rising Star.
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  • 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.
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  • First American completes acquisition of BofA lien release business

    Will provide lien release services for bank
    First American Financial Corp., a provider of title insurance, settlement services and risk solutions, announced Thursday the completion its acquisition of Bank of America’s lien release business. The major deal makes Bank of America’s lien release business and its employees part of First American’s mortgage solutions division.
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  • From HW Magazine

    When priorities collide in M&A

    Don't let merger integration eclipse mortgage originations
    The merger integration phase is a time when communications and decisions are happening rapid-fire – and sometimes with less-than-normal rigor. A perfect storm for risk can form when complexity, regulatory scrutiny, and the conditions for staff burnout are at an all-time high.
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