Author Archives: MorVest Capital

MorVest Capital Hires Larry Charbonneau as Managing Director, Mergers and Acquisitions

SUGAR LAND, Texas /ScoopCloud/ -- David Fleig, CEO of MorVest Capital, LLC, a financial services advisory firm specializing in mortgage banking liquidity and capital solutions, announces the addition of Managing Director Larry Charbonneau.

"Larry Charbonneau is a well-respected industry veteran with a formidable reputation in M&A. He pioneered valuation of mortgage companies and has successfully advised on over 90 M&A transactions. Larry perfectly complements our existing executive team and we are truly excited for him to join the firm," said Mr. Fleig.

"My relationship with the executives at MorVest is marked by decades of mutual respect and successful collaboration" said Larry Charbonneau. "Today's market offers unique challenges and opportunities which we believe will result in an accelerated pace of M&A activity. Mortgage bankers increasingly want to understand both how much their company is worth and their long-term exit strategy options. This requires a specific understanding of their business model amidst the current market landscape along with an in-depth perspective on how M&A deals get done."

Going forward, whether buy-side or sell-side representation, the MorVest team will have an unmatched ability to serve as the most trusted advisors in valuing companies and crafting successful M&A deals.

MorVest Capital offers a comprehensive suite of advisory services for banks, mortgage banking C-level executives and industry investors. In 2014, MorVest advised on the roll-out of one of the first and most successful MSR finance offerings post financial crisis. In 2018, MorVest launched a highly successful advisory services channel integrating all aspects of MSR valuation and advisory with balance sheet management to optimize liquidity and capital resources.

Today, MorVest expands with an obvious complement in mergers and acquisitions. MorVest Analytics, a division of MorVest Capital, continues to grow as a premier MSR analytics and valuations service provider with dozens of banks and IMB clients ranging from small players new to the space to some of the largest companies in the industry.

For more information go to https://www.morvestcap.com/ or email team@morvestcap.com.

David Fleig, CEO of MorVest Capital, LLC, a financial services advisory firm specializing in mortgage banking liquidity and capital solutions, announces the addition of Managing Director Larry Charbonneau.

Related link: https://www.morvestcap.com/

MorVest Capital Offering $1.8B in GNMA Mortgage Servicing Rights

SUGAR LAND, Texas /ScoopCloud/ -- MorVest Capital, an industry leader in liquidity and balance sheet advisory services, is the exclusive agent for a $1.8 billion GNMA bulk mortgage servicing portfolio. The seller is an independent mortgage banker providing full reps and warrants. Portfolio characteristics include a 3.45 percent weighted average interest rate, 20 bp net service fee, an average balance of $183,117 and a weighted average age of 24 months.

MorVest CEO David Fleig noted the seller is willing to entertain offers for the entire portfolio or a $1.4B alternate portfolio as indicated in the prospectus.

The bid deadline is 5 p.m. CT Tuesday September 18, 2018. Loan level data will be furnished only under an NDA.

About MorVest Capital:

MorVest Capital is a financial services advisory firm specializing in liquidity and capital solutions for mortgage bankers, including MSR accumulation, valuation, finance and brokerage. Collaborating to provide the first MSR financing facility following the meltdown, MorVest executives demonstrate keen awareness of unique market shifts and opportunities to turn good decisions into very profitable ones.

MorVest Analytics, a division of MorVest Capital, is a premier MSR analytics and valuation service provider with dozens of banks and IMB clients ranging from small players new to the space to the some of the largest companies in the industry.

For more information go to https://www.morvestcap.com/trades or email team@morvestcap.com.

MorVest Capital, an industry leader in liquidity and balance sheet advisory services, is the exclusive agent for a $1.8 billion GNMA bulk mortgage servicing portfolio. The seller is an independent mortgage banker providing full reps and warrants. Portfolio characteristics include a 3.45 percent weighted average interest rate,

Related link: https://www.morvestcap.com/

MorVest Capital Hires Ruth Lee as Executive Vice President for Expansion of Mortgage Liquidity and MSR Advisory Services

SUGAR LAND, Texas /ScoopCloud/ -- David Fleig, CEO of MorVest Capital, LLC, a financial services advisory firm specializing in mortgage banking liquidity and capital solutions, today announced its addition of Executive Vice President Ruth Lee.

"Ruth is an amazing talent with deep mortgage industry knowledge, and we are truly excited to add her to our executive team," said MorVest CEO David Fleig.

"Many mortgage bankers have retained servicing as a hedge against the inevitable downturn in origination volume. As origination flags, making seasoned, prudent decisions to optimize those assets is critical. I wanted to work with a team of seasoned, creative thinkers, who understand both MSRs and mortgage banking," said Ruth Lee.

MorVest Capital is expanding its liquidity and MSR advisory services to fill the gap as mortgage bankers consider their next move in this new landscape. Finding liquidity is more nuanced than just selling off MSRs. With decades of balance sheet experience, MorVest offers multiple avenues to bolster liquidity and capital, from MSR financing to mezzanine capital placement.

About MorVest Capital

MorVest Capital is a financial services advisory firm specializing in liquidity and capital solutions for mortgage bankers, including MSR accumulation, valuation, finance and brokerage. Collaborating to open the first MSR financing facility since the meltdown, MorVest executives demonstrate keen awareness of unique market shifts and opportunities to turn good decisions into very profitable ones.

MorVest Analytics, a division of MorVest Capital, is a premier MSR analytics and valuation service provider with dozens of bank and IMB clients ranging from small players new to the space to the some of the largest companies in the industry.

For more information go to https://www.morvestcap.com - or email team@morvestcap.com.

David Fleig, CEO of MorVest Capital, LLC, a financial services advisory firm specializing in mortgage banking liquidity and capital solutions, today announced its addition of Executive Vice President Ruth Lee.

Related link: https://www.morvestcap.com/