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.

While the divestment alleviates one of the concerns the Federal Trade Commission had regarding the combination with Intercontinental Exchange, question marks abound.

Analysts believe Western Asset Mortgage Capital Corp. should consider the acquisition deal offered by AG Mortgage Investment Trust.

The branch, which has close to a dozen employees, hopped from its old employer, Motto Mortgage, to its most recent employer in mid-December, but only stuck around for half a year.

The Black Knight-owned product and pricing engine was one of the reasons the Federal Trade Commission said it is contesting the transaction, which is now in court.

Nationwide Property & Appraisal Services announced Friday the purchase of Integrity Appraisal Management.

This agreement comes approximately one month after the REIT agreed to buy Arlington Asset Investment.

The transaction for the lending specialist ends a joint venture with Serva, which is a relocation services company.

A subsidiary pushed its tender offer to buy outstanding shares by June 27 further out after a small percentage of stockholders failed to accept by the original expiration date.

The Berkshire Hathaway unit first invested in the underwriter in May 2022. Previously it was wholly owned by Realogy.

The company will acquire 20 branches and some origination employees in the deal.

The transaction comes along with a low-coupon, low leverage $13 billion conforming portfolio, providing capital for further growth.

The unit was looking to remain as a team, but reportedly the buyer was only interested in the sales staff.

The transaction helps cement WFG's place in the Bay Area market, something it has targeted since its 2010 founding, Chairman Patrick Stone said.

Guild Mortgage and Axia Home Loans shared their perspectives on how to ensure the health and prosperity of smaller shops at the MBA Secondary & Capital Markets Conference this week.