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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 -
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 -
The company will also surpass $10 billion in assets when it buys Community Bank.
February 27 -
Timothy Bowler, president of the ICE Benchmark Administration, which has been responsible for calculating the index since mid-2013, argues that there is a strong case for keeping it going.
February 26 -
Former CUNA economist Bill Hampel has attended the trade group’s Governmental Affairs Conference for decades, but this year he’ll do so as a Wegner Award winner.
February 26 -
Banks may start paying special dividends now that capital levels have improved.
February 23 -
Financial services groups are calling for more funding for the Internal Revenue Service that could fix flaws in the agency's system for verifying the income of mortgage applicants.
February 22 -
Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market.
February 22 -
As inflation fears put upward pressure on 10-year Treasury bonds and mortgage rates nationally, borrowers could start to take more notice of what lenders are charging them locally.
February 20 -
The company could use proceeds from the planned offering to add branches and make bigger loans.
February 20