Transactions involving the purchase and sale of residential mortgage loans and mortgage servicing rights (“MSRs”) frequently raise the question of whether they require submitting premerger notification filings to the Federal Trade Commission and the Department of Justice under the Hart-Scott-Rodino (“HSR”) Act. This Legal Update provides an overview of how residential mortgage loans, MSRs and
Mergers and Acquisitions (M&A)
Mayer Brown/MBA Mortgage & Housing Summit: The Outlook for Issuers and Investors — Register Now!
Mayer Brown and the Mortgage Bankers Association (“MBA”) invite you to the 2022 Mortgage & Housing Summit: The Outlook for Issuers and Investors, hosted in-person at Mayer Brown’s New York office.
The event will take place on March 17 from 12:00 to 5:00 pm EDT.
Formerly known as the annual Mortgage REIT Summit, this…
CFPB Issues Guidance for Transfers of Residential Mortgage Servicing
Against the backdrop of the COVID-19 pandemic and the economic stress it is imposing on residential mortgage borrowers, lenders and servicers, the Consumer Financial Protection Bureau recently released a compliance bulletin and policy guidance regarding the handling of information and documents in mortgage servicing transfers. While not specifically motivated by the COVID-19 crisis, Bulletin 2020-02…
Representations and Warranties Insurance in Mortgage M&A – Challenges and Opportunities
The use of representations and warranties insurance policies in M&A transactions has grown exponentially in the past decade. While the use of this type of insurance in acquisitions of residential mortgage originators and servicers is less common, there is tremendous opportunity for growth in the mortgage sector. This Legal Update discusses the benefits of these…
Pryor to Speak at the MBA IMB 2020 Conference
Please join Lauren Pryor on Wednesday February 5, 2020 at the IMB 2020 conference to discuss trends in mortgage M&A deals, including structural options, pricing considerations and risk analysis. https://www.mba.org/conferences-and-education/event-mini-sites/independent-mortgage-bankers-conference/schedule?id=12754_690697&expand=true