Items Tagged with 'Acquisition'


  • Flagstar Bank to acquire Santander Bank's mortgage warehouse loan portfolio

    The acquisition is expected to close in the first quarter of 2018
    Flagstar Bank announced Tuesday it has signed a definitive agreement to purchase a mortgage warehouse loan portfolio from Santander Bank. As part of the transaction, Flagstar will bring on Santander's existing relationship managers, adding the employees to its warehouse business, the company explained in a release.
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  • Flagstar Bancorp acquires mortgage bank to expand lending

    Buys Opes Advisors to expand footprint in Northwest
    Flagstar announced its new acquisition of Opes Advisors, a mortgage bank and financial advisory firm based in the Northeast. This new acquisition brings on about $3 billion per year in purchase originations from high quality loans. Here's more on the deal.
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  • FBR: We're bullish on Flagstar-Stearns Lending correspondent lending deal

    Could be the first in line of acquisitions for Flagstar
    After announcing late Monday that it intends to acquire Stearns Lending’s delegated correspondent lending business, Flagstar Bancorp is positioned to grow its already sizable footprint in the mortgage business, FBR & Co. analysts said in a note to clients. Here's their take on the deal.
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  • From HW Magazine

    Innovation Focus: Chronos Solutions

    Providing end-to-end services and solutions from origination to default management
    Chronos’ new direction has been fueled by a series of key acquisitions over the last 18 months. By acquiring companies, Chronos assembled the industry’s first independent end-to-end source for services and solutions, including all of the services listed on the HUD-1.
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  • Hot Seat: Jeff Tennyson of Clayton Holdings

    Third-party solutions provider expands offerings

    The company’s goal is to be the leading third-party solutions provider to the owners, originators and servicers of residential mortgage and consumer loans. When the economics, interest rates and demand for private-label securities come together, this will create new opportunities for Clayton in due diligence, valuation and surveillance.

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  • EXCLUSIVE: STRATMOR explains increase in mergers and acquisitions

    Sellers leave mortgage industry due to personal exit strategies
    Recently, the Mortgage Bankers Association talked about how mergers and acquisitions are heating up, however STRATMOR, which has an active M&A practice with a focus on midsize Independent mortgage banks, is quick to add that they wouldn't characterise the markets as getting hot. Well, not just yet, anyway.
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