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In a surprise victory for mortgage servicer PHH Corp., a California judge overturned a $16.2 million jury verdict awarded to a California homeowner in July for a botched loan modification.
October 29 -
Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.
October 29 -
Bank of the Carolinas in Mocksville, N.C., appointed Harvey Glick as chairman.
October 29 -
Cullen/Frost Bankers in San Antonio reported increased quarterly earnings that reflected a significant reduction in credit costs.
October 29 -
Sterling Bancorp in Montebello, N.Y., realized a big efficiency gain after a major acquisition.
October 29 -
The Rhode Island company had barely opened the doors of its Fairfield County mortgage office when management started getting pushed about making a bigger splash. For now, CEO Joseph MarcAurele seems content to keep one toe in the water.
October 29 -
Doral Financial in San Juan, Puerto Rico, has provided the Federal Deposit Insurance Corp. with its capital restoration and contingency plans.
October 29 -
EverBank Financial in Jacksonville, Fla., reported higher quarterly profit due to an uptick in residential lending.
October 29 -
BOK Financial in Tulsa, Okla., reported quarterly earnings that held steady as higher fee revenues offset rising operating expenses.
October 29 -
Park National in Newark, Ohio, reported lower quarterly earnings due to higher operation expenses and credit costs.
October 29
