Donn C. Costa has been named acting president of Golf Savings Bank, Mountlake Terrace, Wash., a savings bank focused on single-family mortgage originations. He has been with Golf Savings since 1994 and has served as its executive vice president since 2006 when it was acquired by Sterling Financial Corp., Spokane, Wash.. Mr. Costa will work closely with Sterling's acting chief executive, Gregory Seibly, who was appointed as acting CEO of Golf Savings as well. Golf Savings Bank currently employs more than 600 people in 32 mortgage offices and retail banks across the Pacific Northwest.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
August 10 -
Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
August 10 -
The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
August 10 -
The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
August 10 -
The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
August 10 -
HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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