Sandler O'Neill Partners LP hired Carlos Mendez to lead its new structured finance group and assist in sales and trading of mortgage-backed securities and other fixed-income products. Mendez joins the firm from Institutional Credit Partners LLC where he was senior managing director in the capital markets division. Sandler O'Neill also hired as managing directors in the new group: Joshua Eaton, Andrew Mauritzen and Chris Howley. Eaton most recently was general counsel and co-chief operating officer of Dune Capital Management LP, where he served in an advisory role on the acquisition of IndyMac Federal Bank from the Federal Deposit Insurance Corp. Mauritzen and Howley also were managing directors at Institutional Credit Partners.
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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.
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Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
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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.
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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.
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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.
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HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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