Lauren B. Pryor

Financial Services, Consumer Financial Services, Mergers & Acquisitions

lpryor@mayerbrown.com

Overview

Lauren Pryor represents financial services industry participants in a wide range of strategic M&A, with a particular focus on mortgage M&A transactions. Investment funds, financial sponsors, mortgage companies and depository institutions turn to Lauren for counsel on residential mortgage transactions, complex stock and asset-based transactions, full equity deals, PE investments, JV arrangements and transfers of consumer assets such as residential mortgage loans, consumer loans, business purpose loans, mortgage servicing rights and credit card receivables.

Lauren serves as a member of the firm's Management Advisory Board.

Experience

Notable Engagements:

Represented Seer Capital in connection with the sale of HomeXpress Mortgage to Chimera.
Rocket Companies, as special mortgage M&A counsel, in connection with the acquisition of Mr. Cooper Group.
Redfin, as special mortgage M&A counsel, in connection with the acquisition by Rocket.
Onity in connection with the sale of interests in MSR Asset Vehicle LLC to funds managed by Oaktree Capital.

Onity in connection with the acquisition of reverse mortgage assets from Mortgage Assets Management, LLC, a mortgage servicer and subsidiary of funds managed by Waterfall Asset Management.
UBS AG in its agreement to sell Select Portfolio Servicing, the US mortgage servicing business of Credit Suisse to a consortium of buyers.
AmWest Funding Corporation in connection with its joint venture with funds managed by Ares Management Corporation to invest in Non-QM loans.
Redwood Trust in connection with its $750 Million partnership with CPP Investments.
Lower in connection with its merger with Thrive Mortgage.
Guild Mortgage in connection with the acquisition of the Cherry Creek Mortgage origination platform and related assets.
A pro-tech company in connection with the strategic acquisition of a mortgage originator.
Rushmore Loan Management Services, a leading residential mortgage servicer, in the sale of its residential mortgage servicing platform to Mr. Cooper Group, one of the largest home loan servicers in the country.
The owners of Roosevelt Management Company in connection with the sale of Roosevelt and its subsidiaries to Mr. Cooper Group.
Redwood Trust in connection with a joint venture with funds managed Oaktree Capital Management, L.P. to invest in business purpose bridge loans originated by CoreVest American Finance Lender, a division of Redwood.
Roosevelt Management Company in its sale of Potomac Technology Ventures, a company providing fintech and data analytics through artificial intelligence and machine learning, as well as its India-based subsidiary to Livegage Technology Services.
Rushmore Loan Management Services in connection with the sale of its servicing platform to Select Portfolio Servicing Inc.
Redwood Trust in connection with the acquisition of Riverbend Funding, LLC and its subsidiaries, a private mortgage lender to residential transitional and commercial real estate investors.
Redfin Corporation in connection with its acquisition of Bay Equity.
Waterfall Asset Management, LLC, an SEC-registered institutional asset manager, in its acquisition (through its affiliate Mortgage Assets Management, LLC) of Mr. Cooper Group Inc.'s reverse servicing portfolio, operating under the Champion Mortgage brand.
A strategic investor in connection with the acquisition of multiple portfolios of jumbo, residential transition and bridge loans.
Guaranteed Rate in connection with a joint venture with Compass to form OriginPoint, a mortgage originator.
A private equity investor in connection with multiple equity investments in residential mortgage and fix-and-flip lenders.
A national independent mortgage lender in connection with multiple sales and purchases of residential mortgage servicing rights over several years.
A strategic investor in connection with the acquisition of consumer loan portfolios and a related equity investment.
Guild in connection with the acquisition of Residential Mortgage Services (RMS), a residential mortgage loan originator focused in the Northeast.
Ocwen Financial in connection with a joint venture with Oaktree to launch a MSR investment vehicle.
A national mortgage lender in connection with a strategic internal reorganization and financing arrangement.
independent mortgage lender in connection with an internal reorganization and minority investment by a strategic partner.
Redwood Trust Inc. in its $490 million acquisition of CoreVest American Finance Lender LLC, a leading nationwide originator and portfolio manager of business-purpose residential loans, from Fortress Investment Group LLC and certain management holders.
Varde in connection with the sale of Deephaven Mortgage to Pretium Partners.
funds managed by CarVal in connection with the acquisition of credit card receivables from Signet Jewelers and a related servicing arrangement.
HomeStreet Bank in connection with the sale of certain home loan centers to Homebridge.
Stearns Lending in connection with its equity investment in Certainty Home Loans, a mortgage originator.
Stearns Ventures in connection with its equity investment in Citywide Home Loans, a mortgage originator.
A national mortgage servicer in connection with the sale of its servicing rights portfolio, including Fannie Mae, Freddie Mac and Ginnie Mae servicing rights representing unpaid principal balances of approximately $25 Billion.
Cornerstone Mortgage in the sale of its origination platform and mortgage servicing rights portfolio to Guild Mortgage.
Bayview Loan Servicing in connection with its acquisition of certain mortgage loan origination assets from Homeward Residential, an affiliate of Ocwen Loan Servicing.
Wells Fargo Bank in connection with its purchase from Seneca Mortgage of mortgage servicing rights related to residential mortgage loans held by Fannie Mae and Freddie Mac with aggregate balances in excess of $51 billion.
Bayview Asset Management in its acquisition of Pingora Asset Management and Pingora Loan Servicing from Annaly Capital Management, including negotiation of all material agreements and obtaining “change of control” approvals.
A banking institution in connection with flow purchases of commercial loans from a fintech lender.
Guaranteed Rate Inc. in connection with the acquisition by a joint venture established by Guaranteed Rate and Realogy Holdings Corp of certain assets of PHH Home Loans’ mortgage operations, including mortgage origination and processing centers.
A banking and financial services company in the sale of mortgage servicing rights related to reverse residential mortgage loans held by Fannie Mae or backing securities guaranteed by Ginnie Mae with aggregate balances in excess of $15 billion to a residential mortgage loan service provider.
Lakeview Loan Servicing in the purchase from PHH Mortgage Corporation of servicing rights related to residential mortgage loans backing securities guaranteed by Ginnie Mae with aggregate balances in excess of $14 billion.
A major national bank in connection with multiple coordinated sales of non-performing and reperforming whole loans and related mortgage servicing rights to various purchasers.
A major national bank in connection with its flow mortgage servicing rights sale agreement related to the Ginnie Mae PIIT program.
A mortgage originator in its purchase of substantially all of the business assets and certain pipeline loans from a regional mortgage company.

Related Services & Industries

Services

Industries

Publications & Presentations

Education

University of Maryland School of Law, JD, cum laude
Executive Symposium Editor, Journal of Business and Technology Law
Connecticut College, BA, cum laude

Admissions

District of Columbia
New York
Virginia

Highlights

Lauren Pryor leads “Financial Services Deal of the Year” at The Deal’s Middle Market Awardslearn more

Lauren B. Pryor

Overview

Experience

Related Services & Industries

Services

Industries

Publications & Presentations

Publications

Sandbagging in Delaware M&A: Court Rulings and Deal Implications

M&A Mortgage Tech

News

Mayer Brown advises Seer Capital Management on sale of HomeXpress Mortgage to Chimera Investment

MAYER BROWN ADVISES UBS AG ON SALE OF SELECT PORTFOLIO SERVICING

Events

Mayer Brown and KBW Financial Services M&A Forum

Navigating the Next Economy in Financial Services

Education

Admissions

Highlights