Incenter, a Blackstone portfolio company headquartered in Saint Paul, Minnesota, has announced it has signed an agreement to acquire the assets of Interactive Mortgage Advisors, LLC (IMA).
IMA’s continued focus will be on mortgage servicing rights (MSR) brokerage and independent asset valuation, as part of Incenter’s Secondary Market Platform. The platform provides advisory services to financial services companies; services provided include hedge advisory services, best execution analysis, MSR valuation and sales, pricing model development and management, dynamic reporting and analysis, direct to investor whole loan trading, and securitization and product development.
“The union with Incenter is a game changer for our clients as it allows them to benefit from a broader array of service and product offerings, including additional secondary markets services, world class analytics and access to capital,” said Thomas M. Piercy, Managing Director for Interactive Mortgage Advisors.
The acquisition is expected to close by March 31, 2016.
“With the acquisition of Interactive Mortgage Advisors, Incenter adds a key set of services and capabilities that will enhance our ability to service the needs of our clients. We are delighted to add such a high caliber team that will continue to be led by Managing Directors Tom Piercy and Chris John,” said Nicholas Smith, Incenter’s President.