Alliance Capital Partners, Jacksonville, Fla., has changed its name to EverBank Financial Corp., according to the company.In addition, Alliance's primary operating businesses, First Alliance Bank and Alliance Mortgage Co., will become EverBank and EverHome Mortgage Co., respectively. Robert Clements, EverBank's chairman and chief executive officer, said the announcement reflects the company's "10-year transformation from a monoline mortgage company to a high-performing diversified financial institution." Mr. Clements said the company's strategy differs from that of banks that rely heavily on acquisitions for growth. EverBank "focuses on growth through business-to-business partnerships with leading brand names, national consumer marketing, product leadership, and customer service," he said. The company can be found online at http://www.everbank.com.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
6h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
9h ago -
While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
11h ago -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
July 11 -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11