M&A
M&A
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
The market for buy-before-you-sell financing Flyhomes helped pioneer has developed to include new entrants, but it also is seeing sluggish buyer demand.
July 3 -
The firm is incentivizing the cross-selling of its services by offering a lower interest rate for one year for borrowers who finance via Rocket Mortgage retail LOs and use a Redfin agent.
July 1 - Yahoo Finance Feed
Richmond, Virginia-based Atlantic Union Bankshares has sold $2 billion in performing commercial real estate loans to Blackstone Real Estate Debt Strategies.
June 27 -
As news of Bayview Asset Management's purchase of Guild Mortgage broke, recruiters have ramped up outreach to the mortgage lenders' originators.
June 26 -
The CEOs of Bank of New York Mellon and Northern Trust have had at least one discussion about a potential merger, according to a Wall Street Journal article. On Monday, a spokesperson for Northern Trust said the bank "is fully committed to remaining independent."
June 23 -
President Donald Trump has signed a Congressional Review Act resolution that eliminates the Office of the Comptroller of the Currency's Biden-era rules requiring stricter reviews of bank mergers and a time-out clock for some institutions.
June 23 -
The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.
June 18 -
Plaintiff Jason Morano argues that his suit forced Rocket and Redfin to release information that helped shareholders make an informed decision on the merger.
June 16 -
A year after the transaction was announced, and 11 months' post-cancellation, an AI-driven answer to a search engine query said the deal was completed.
June 16