A Buyer’s Market for Mortgage Companies?

www.insidemortgagefinance.com

Thanks to the unprecedented decline in originations this year, scores of mortgage firms from coast to coast are presumed to be thinking about pulling the sale lever or handing over the keys to new owners as part of an “earn-out” arrangement. But with the mid-year mark just weeks away, very few large deals — those involving top-40-ranked originators — have emerged. In fact, one of the announced transactions, New York Community Bancorp’s purchase of Flagstar, has been delayed once again. But rest assured, potential . . .

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