BREAKING: Western Alliance to acquire AmeriHome for $1B

Acquisition talks began in the fourth quarter, not long after Western Alliance bought non-QM aggregator Galton Funding.

Good afternoon —   The arctic weather we've had up north has blown south, leaving several of my Dallas newsroom colleagues without power, Internet or cell service. So today I'm filling in for our frozen editor in chief, Sarah Wheeler.   But the cold hasn't slowed down mortgage M&A activity! Western Alliance announced this afternoon it has a deal to acquire AmeriHome for $1 billion in cash. AmeriHome will bring its relationships with over 700 independent correspondent mortgage originator clients to Western Alliance, diversifying its revenue profile. Read more here.    If only this cold, cold weather would cool off our overly hot home prices, am I right?! Seems like nothing will slow home prices down, except maybe for rising mortgage rates?   Perhaps more housing supply, but unfortunately our nation's homebuilders are struggling with volatile lumber prices.   Whoa there Diego, you've linked to two HW+ articles, and I'm not a member! Well, dear reader, as a belated Valentine's Day gift, I'm offering a 50% off discount for you to subscribe today. Simply use the code "diegointrodiscount" during checkout!   Diego Sanchez HousingWire General Manager HW Media Chief Operating Officer Linda O'Koniewski on what real estate brokerages really need    Today's HousingWire Daily episode features a crossover episode with REAL Trending. In this episode, Linda O'Koniewski, CEO of Leading Edge Real Estate, discusses why she created a program for small independent brokerages after going through issues with her former franchise. Listen now Western Alliance to acquire AmeriHome for $1B    Acquisition talks began in the fourth quarter, not long after Western Alliance bought non-QM aggregator Galton Funding and AmeriHome's IPO was delayed. Introducing First American Data & Analytics Industry-leading advanced analytic solutions for title automation, fraud risk management, compliance, & valuation, powered by the industry's largest and most complete property information & ownership data to improve productivity, reduce risk & gain competitive edge. Tell Me More. Sponsor Content CoStar makes late takeover bid for CoreLogic    CoStar Group has made an unsolicited offer to acquire Corelogic for $95.76 a share, roughly 20% higher than a previously accepted offer. Reduce process times while improving the borrower experience   This white paper will cover the challenges that brokers face in the current environment and how they can start originating more efficiently in as few as 15 minutes. Presented by Calyx HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039, (469) 893-1480 Unsubscribe Manage preferences

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