Encore Bank, Houston, has announced the expansion of its commercial real estate division with the addition of three lending officers.Greg Guarino was named senior vice president of the division, and David Webster and John Gonzales have been named vice presidents, the bank said. Mr. Guarino has more than 25 years of experience in CRE lending, most recently with Wells Fargo Bank, Encore said. Mr. Webster and Mr. Gonzales also come to Encore from Wells Fargo Bank.
A new class action lawsuit accuses the banking giant of failing to lower borrowers' interest rates following a series of Federal Reserve rate cuts.
The fintech's Figure Connect private credit loan exchange has grown to account for 56% of total consumer marketplace activity in early 2026.
However, for the second quarter, increased home purchase mortgage activity contributed to an industry-wide 11% increase in agency securitizations, BTIG said.
OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
