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COMMENT: Building a mortgage monster.
The talk of the industry last week was the news that Sesame was in discussions to buy Bankhall, and what effect this might have on PMS and its renowned leader John Malone.
The Mystic Megs of the industry have long predicted that mortgage distribution would contract - even before the credit crunch. When the crunch came, many anticipated acquisitions but primarily among smaller players.
What we've actually seen is large networks shun the charms of smaller firms, as with the collapse of Network Data - no shining knight rode to the rescue there. Instead, mirroring developments in the banking sector, the big players have gone after each other. Mortgage Next and Mortgage Intelligence merged to create a giant on the south coast, while Openwork and Legal & General have done several deals to boost their distribution.
But if talks between Sesame and Bankhall come off it would ...
- From Hill-Tops to Set-Tops: John Malone's Wild Cable Ride.(a discussion of the...
- Magazine article from: Video Age International June 1, 2003 700+ words
John Malone is both famous and infamous in television...cable industry, and Cable Cowboy: John Malone and the Rise of the Modern Cable Business...no doubt invaluable, his portrait of John Malone slowly devolves into a slavish "by...
- Malone retakes the point; TCI chief assures nervous analysts that his company...
- Magazine article from: Broadcasting & Cable Colman, Price October 28, 1996 700+ words
...kind of fun to be Darth Vader again," John Malone told analysts last week, trying to...and, perhaps more important, about John Malone. The Bear Steams stage revealed the...think it gives us a big edge." See John Malone talk; see TCI's stock rise DENVER...
- No End In Malone"s Game.(John Malone)(Editorial)
- Magazine article from: Multichannel News Steinert-Threlkeld, Tom December 11, 2006 700+ words
...only muse about any given maneuver by John Malone. For the last few months, those mortals...have tried to figure out what John Malone's motivation could be for taking over...draw on and services to deliver. But John Malone never makes an $11 billion blind bet...
- Re: in memoriam of John Malone.(Letter to Editor)(Letter to the...
- Magazine article from: ICS Cleaning Specialist Heiferman, Doug September 1, 2006 700+ words
...people who we all would like to emulate. John Malone was this type of person. He was a special...the true caring and special nature of John Malone. John died two months after that dinner. John Malone gave his all every day for his family...
- Digital Doughboys.(Liberty Media Corp.)(John Malone and Greg Maffei)(Interview)
- Magazine article from: Multichannel News Steinert-Threlkeld, Tom October 29, 2007 700+ words
...Well, Not Quite). Liberty Media's John Malone and Greg Maffei Think They Soon Will...Cable operators are waiting to see what John Malone will do to change the competitive landscape...business. An edited transcript follows: John Malone: We will be a distribution and content...
- The Twilight of the Moguls.(Business)(John Malone, Rupert Murdoch and Barry...
- Magazine article from: Newsweek Roberts, Johnnie L. February 25, 2008 700+ words
Byline: Johnnie L. Roberts John Malone helped build a generation of media titans...now had a common nemesis: cable titan John Malone, who'd eased his way into each of...investments. The cost of appeasing John Malone--the man Al Gore once called Darth...
- Malone picks new no. 2 man.(John Malone of Telecommunications Inc., Leo Hindery)
- Magazine article from: Broadcasting & Cable Colman, Price February 10, 1997 700+ words
...Tele-Communications Inc. Chairman John Malone has relinquished his president title...it is a great privilege to work with John Malone, who is a longtime dear friend and...important for the company. I'm confident John [Malone] chose wisely." TCI is under pressure...
- John Malone, peacemaker?(John Malone of TCI and the Ted Turner Rupert Murdoch...
- Magazine article from: Broadcasting & Cable Colman, Price October 7, 1996 700+ words
...like Ted Turner and Rupert Murdoch trade punches, most spectators sit back, place bets and enjoy the show. But if you're John Malone, no stranger to corporate full-contact himself, a Murdoch-Turner match may be one you'd rather never have happen...
- John Malone named CEO of Liberty Media.
- Newspaper article from: Denver Post (Denver, CO) August 4, 2005 700+ words
Byline: Ross Wehner Aug. 4--Cable magnate John Malone will take over as Liberty Media's chief executive for...move should be good news for investors. "Any time that John Malone gets more involved in the daily running of a company...
- John Malone Joins AFS Board.
- Press release article from: Business Wire May 30, 2001 700+ words
...carrier in North America, Asia, Latin America and Europe. "John Malone's principal area of expertise is assisting technology companies...S. News and World Report, and Fortune, which has called John Malone the leading analyst in the industry. Mr. Malone has also...
Source: HighBeam Research, COMMENT: Building a mortgage monster.