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PHH Corp. agreed to a $45 million settlement to resolve allegations from 49 states and the District of Columbia that it engaged in "foreclosure process abuses" involving "inconsistent signatures" in its servicing business from 2009 to 2012. The settlement comes as the nonbank mortgage company continues its legal challenge to a separate regulatory action by the CFPB.
January 3 -
Doug Bowers contends that last year’s leadership shake-up, job cuts and corporate governance overhaul will make the company more competitive in its home state.
January 2 -
Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions.
January 2 -
The California-based credit union has seen significant growth among young members, but satisfaction rates were on the decline among all demographics due to long lines and wait times.
December 27 -
Provident Financial Holdings in Riverside, Calif., announced that it expects to record a $650,000 litigation charge to settle two more long-running lawsuits related to overtime compensation.
December 21 -
Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings.
December 21 -
Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy.
December 19 -
The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition.
December 19 -
Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets.
December 15 -
The California company is set to pick up a dozen branches after it buys FNB for $315 million.
December 12 -
The Los Angeles company will sell $1.6 billion in loans, largely tied to technology and health care, by the end of this year.
December 11 -
Eureka, Calif.-based credit union will expand to Arcata.
December 8 -
The fires are raging in Los Angeles and Ventura counties, prompting California's governor to declare a state of emergency.
December 7 -
The Pleasanton, Calif.-based credit union is also celebrating its 85th anniversary.
December 6 -
The combination of the two Orange County-based credit unions will create a $1.4 billion-asset institution.
December 5 -
The service will require more coordination between the bank and its parent company, BNP Paribas.
November 28 -
After success in residential solar, the San Jose, Calif.-based credit union is financing solar systems for businesses.
November 27 -
The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.
November 21 -
California-based CU grew loans by 15.2 percent, assets, memberships rise.
November 20 -
Real estate CUSO now works with 23 CUs in the Golden State, more than 100 overall.
November 20


















