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MetLife is selling its mortgage servicing portfolio to JPMorgan Chase. The $70 billion portfolio would increase JPMorgan's servicing business by roughly 5%, the companies said Friday.
November 5 -
PremierWest had to sell because it could not raise the "sizable" amount of capital it needed to go on, its CEO says.
October 30 -
Regulators closed the $225 million-asset Heritage Bank of Florida in Lutz, and the $924 million-asset Citizens First National Bank in Princeton, Ill. The two failures were estimated to cost the FDIC a combined $111 million.
November 2
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