The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.

The California banking company has two loans tied to DC Solar that are on nonaccrual status.

While the OCC has led the charge on modernizing the Community Reinvestment Act, Gov. Lael Brainard gave a rundown of new ideas under discussion — from updating assessment boundaries to a comprehensive community development test.

Community banks and credit unions fear a Senate plan and other legislative ideas will nullify steps taken by Fannie Mae and Freddie Mac that have made it easier for smaller institutions to compete.

Bank of Marin CEO Russ Colombo is tightening up pricing and terms, citing soaring real estate prices in markets like San Francisco.

The Seattle company has a letter of intent to sell its home loan centers to Homebridge Financial Services.

Some companies on SourceMedia’s Best Fintechs to Work For list offer their employees extra time off to live boldly.

The federal banking agencies will not hold a hearing on a proposal to reduce the number of residential real estate transactions that require an appraisal.