Craig Kolasinski has been named to the newly created post of executive vice president for business development of First Bank of Beverly Hills, the banking subsidiary of Beverly Hills Bancorp Inc., Calabasas, Calif.In his new role, Mr. Kolasinski will service the bank's real estate clients, handle special loan opportunities, and develop "an aggressive program of loan participations and co-venturing with other lending institutions," the parent company said. The bank also announced that Eric Rosa, formerly the chief lending officer of ChinaTrust Bank (U.S.A.), has been hired as executive vice president and chief lending officer. Beverly Hills Bancorp can be found on the Web at http://www.bhbc.com.
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First Mortgage Co., a long-defunct lender led by convicted executive Ron McCord, blamed the advisory firm for his failure to accept a $20 million offer.
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About two-thirds of respondents to a NewDay survey said their education about the benefit was lacking either during their time in the service or afterwards.
April 20 -
Banks are pushing back on the Consumer Financial Protection Bureau's draft of a five-year strategic plan, which includes a notable pullback from supervising nonbanks.
April 20 -
Over half of all second-home inventory in the U.S. is concentrated in just eight states, with Florida leading the pack, according to analysis by NAHB.
April 20 -
Certain affiliates of Blue Owl will acquire all outstanding shares of common stock of the healthcare-focused real estate investment trust for $30.38 per share.
April 20 -
A new EquityProtect scorecard finds 16 states have no deed fraud laws, leaving homeowners vulnerable as real estate fraud losses topped $275 million in 2025, with seniors bearing the heaviest financial burden.
April 20









