The deal is expected to help Stavvy further growth of digital self-service loss-mitigation options for borrowers and their lenders.

AG Mortgage Investment Trust's acquisition proposal was deemed as more superior. Terra Property Trust has until the beginning of August to present something stronger.

The Hicksville, New York, company says its deposit base is stable and poised for growth four months after its acquisition of the failed Signature Bank, some of whose depositors fled to larger banks. Private bankers — including new hires from another failed bank, First Republic — are trying to win back lost deposits.

A successful merger would culminate an over two-year period of major losses and pestered with criticism over the firm's mass layoffs.

Post-merger Banc of California will target "in-market relationship banking" by focusing on treasury management services and loan growth to boost "low-cost" commercial deposits, CEO Jared Wolff said.

Buying Sculptor Capital Management could lead the real estate investment trust to explore an offering for the origination and servicing business in the near to mid-term, BTIG said.

The acquiring company netted an incremental gain in shareholder buy-in with its previous postponement but not enough to push the transaction forward.

Borrowers in the $1.4 billion Marcus portfolio could be mined for first-time home buyer leads, a BTIG report speculated.

The company continues to retrench and refocus as it looks to become profitable from its original aims after it first became public in July 2021.

The recent conversion marked one of the final steps in the $8 billion acquisition, first announced in 2021. U.S. Bank still anticipates up to $900 million in cost savings and a breadth of opportunities to expand revenue from the transaction.