Caliber Inks One M&A Deal and Eyes Several Others; Blackstone Continues to Look at Opportunities as Well
May 26, 2016
Fresh off of agreeing to buy California-based First Priority Financial, Caliber Home Loans is eyeing the purchase of other mortgage firms as well in an attempt to crack the top 10, according to industry advisors who have been tracking the firm. “Caliber is talking to a lot of people,” said Rick Roque, managing director of MiMutual Mortgage, Port Huron, MI. Roque declined to elaborate. One investment banker said...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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