Wilshire Bancorp acquires Bank of Manhattan’s mortgage business

MBA: Jumbo loans drive mortgage credit availability According to the recent Mortgage Credit Availability Index (MCAI), a report from the mortgage bankers association (mba), credit availability increased in March led by a swell in jumbo mortgage loans as well as an uptick in government loans. The MCAI rose 3.2% to 183.4 in March, implicating a loosening of credit.

Except for Northern Trust Corp., First Chicago is the last remaining big bank in its region. North Carolina-based NationsBank Corp., which has acquired. with a large Asian business, including J.P..

summary reports of their mortgage lending activity. In February 2000, Nara Bancorp Inc. was formed as the. of 1998. The four new California branches are in Mid-Wilshire (Los Angeles), Cerritos, In addition, the bank acquired three New York branches in. Manhattan, Flushing, and Jackson Heights.

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New Jersey based banks Valley National Bancorp and Oritani Financial Corp, two banks focused on the north eastern markets, announced a merger that will cover.

Overview Who We Are and How We Generate Income Bridge Bancorp, Inc., a New York corporation, is a bank. acquired CNB. This acquisition increases the Company’s scale and continues the westward.

Wilshire Bancorp. of the bank. In addition C&I lending has helped contract [ph] long-term low cost of deposits which has helped to increase our demanded deposit of counter balances. Moving to our.

WIBC-Wilshire Bancorp announced the acquisition of BankAsiana in New Jersey, a 7 million bank with 3 branches which serves the Korean-American community in the New York/New Jersey marketplace. The transaction is worth $32.5 Million, paid in All-Cash, which represents 142% of tangible equity reported in this institution’s most recent FDIC.

WESTBURY, N.Y.–(BUSINESS WIRE)– New York Community Bancorp, Inc. (NYSE: NYB) (the "Company") today announced that its savings bank subsidiary, New York Community Bank (the "Community Bank"), has acquired all the retail deposits and certain assets of Phoenix-based Desert Hills Bank from the Federal Deposit Insurance Corporation (the "FDIC").

New York-based banking giants Chase Manhattan Corp. and. millions of consumers through credit cards and mortgage loans.. City Corp. agreed to acquire Integra Financial Corp. of Pittsburgh in a. The big California banking companies–BankAmerica, First Interstate Bancorp and Wells Fargo & Co.

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