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Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management.
March 6
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OP Bancorp in Los Angeles aims to raise $20 million to fund organic growth and acquisitions.
March 6
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Spirit Community Bank would be based in Statesville, a community about 45 miles north of Charlotte. A separate set of organizers has already shared plans to open a bank east of Charlotte.
March 5
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Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million.
March 2
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The nonprofit is turning to banks and social impact investors to help significantly increase the size of its loan portfolio over five years.
March 1
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LendingClub, Marlette and others are looking at additional changes to both their securitization and whole-loan-sale programs that could further broaden their investor bases.
March 1
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From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage.
March 1
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Ocwen Financial Corp.'s acquisition of PHH Corp. will help the nonbank servicer rebuild scale that's been diminished by years of regulatory restrictions and the decline in distressed mortgage volume brought about by improvements in the overall housing market.
February 28
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While the $632 million-asset nbkc bank was the smallest known participant in the recent round of funding for Greenlight, the investment wasn't its first foray into fintech.
February 27
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The company will also surpass $10 billion in assets when it buys Community Bank.
February 27
