M&A

DIY CRA? Two suburban banks test new ways to court urban residents

03/07/18

Howard Bancorp and Bryn Mawr Bank are trying different approaches to reach out to underserved markets they’ve entered via acquisitions. Creative in-house initiatives may take on added importance as regulators move to "dial back" Community Reinvestment Act rules.

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Sterling in N.Y. to buy equipment finance business from Macquarie

03/06/18

Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management.

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A bank M&A deal 12 years in the making

03/05/18

Juniata Valley Financial used a combination of patience and guile to land a hard-to-get Pennsylvania bank after wooing it for more than a decade.

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The banker caught up in Russia scandal, Mulvaney vs. Warren Part XIII, CU tax: Top stories of the week

03/02/18

The Russia probe puts a national spotlight on a Chicago bank exec; CFPB's Mulvaney and Sen. Warren face off (again) while a credit union CEO takes a surprising position on the industry's tax exemption.

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Hope Bancorp puts material weakness in its rearview mirror

03/02/18

The issue had forced the Los Angeles company to scuttle its deal to acquire U&I Financial in Washington state.

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North Carolina losing another bank to an out-of-state buyer

03/02/18

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million.

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3 conditions before Ocwen and PHH are clear to close

03/01/18

From investor angst to regulatory scrutiny, here's a look at three obstacles that must be addressed before Ocwen Financial can acquire PHH Mortgage.

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HomeStreet shoots down investor’s effort to take two board seats

03/01/18

The Seattle company invalidated the proposal by Blue Lion Capital, claiming it fell short of its bylaw requirements.

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Washington Federal joins list of banks under BSA orders

03/01/18

The Seattle company first disclosed an issue in September, when it withdrew an application to buy Anchor Bancorp.

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How Ocwen plans to rebuild servicing scale with PHH deal

02/28/18

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.

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