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The company will shutter the offices it inherited when it bought EverBank in 2017 and focus on lending to existing customers through digital channels. U.S. Bank will assume the leases on about 25 properties.
February 21 -
The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
February 7 -
The tricky part: raising awareness without appearing to take advantage of borrowers at a time when agencies like the SBA are out of commission.
January 11 -
Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.
December 31 -
Fannie Mae's overall single-family serious delinquency rate dropped another notch in November, according to its most recent report, but the current government shutdown raises questions about whether that trend will continue.
December 31 -
As ominous as the dark smoke that choked the Bay Area while California's most destructive wildfire raged 200 miles north, a second tragedy now is looming over the state — the loss of thousands of homes in an already housing-starved region.
December 5 -
The Woolsey Fire in Southern California destroyed or damaged as much as $6 billion in real estate, a new estimate shows.
November 28 -
Altisource Portfolio Solutions plans to discontinue its buy-renovate-lease-sell business for single-family homes and sell its short-term inventory in order to cut costs and repay debt.
November 26 -
Challenges will likely increase as interest rates rise and investors grow more concerned about a downward turn in the economic cycle.
November 16 -
Wells Fargo will lay off 1,000 workers primarily from its mortgage unit in the first major round of a previously announced plan to cut the bank's workforce by as much as 10% over the next three years.
November 15