Paul Davis

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio.

The company said it will lay off more than a dozen employees in a move that reflects the current volume of mortgage loan originations.

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.

The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.

HomeStreet's CEO said mortgage expansion and bank acquisitions — concerns highlighted recently by Blue Lion Capital — are helping the company diversify.

Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance.

Total loans fell 1.6% at the North Carolina-based regional bank, which has been scaling back in key segments such as residential mortgages and auto. Wider margins offset that reduction, but earnings were flat and revenue growth small.

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms.

The Houston company doesn't expect any material impact on its commercial-and-industrial book, though there is potential risk tied to residential mortgages. Management, meanwhile, has started rolling out programs to help customers recover.

Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks.

The regional bank reported an 8% gain in fee income and trimmed costs amid 1% loan growth.

The company will also gain its first branches in New Mexico after it buys Peoples Inc.

The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial.

The Federal Reserve is asking Sterling to address deficiencies tied to its collection, verification and reporting of CRA data from 2014 to 2016.

Stilwell Group, an activist investor, is alleging that HopFed chief John Peck bought two properties from the then-chairman of the Kentucky company's compensation committee and that the deals were a conflict of interest.

The Louisiana company also said that credit quality in its energy portfolio improved during the first quarter.

The West Virginia company sold the mortgages to Residential Funding and ResCap Liquidating Trust between 2003 and 2007.

Executives at BB&T, KeyCorp and Citizens are milking commercial lending niches and balancing cost control with new investments while waiting for more rate hikes to fatten margins.