|
A delay of Bank of America Corp.’s return to selling mortgage securities shows the housing bust is still limiting the market’s revival.
more
By Jody Shenn |
|
Middle-market private equity firm Nautic Partners LLC has completed the sale of Aavid Thermalloy LLC to an investor group led by Audax Private Equity, Nautic announced Wednesday.
more
By PBN Staff
|
|
Customer satisfaction at the Bank of America is at a 10-year low, The Boston Globe reported.
more
By PBN Staff
|
|
Providence-based Andera Inc. has earned a spot on American Banker’s list of 10 Tech Companies to Watch thanks to its account and loan origination software.
more
By Emily Greenhalgh |
|
Bristol County Savings Bank is acquiring four branches – in Fall River, New Bedford and Raynham – from Boston-based Admirals Bank.
more
By Rhonda Miller |
|
FM Global has been named the best commercial property insurer overall, as well as for service and expertise, in Business Insurance magazine’s 2012 Buyers Choice Awards.
more
By Rhonda Miller |
|
Bank of America Corp. may limit its exposure to claims by Countrywide Financial mortgage-backed securities investors after a federal judge said she may have erred two years ago by allowing some claims to proceed.
more
By Edvard Pettersson |
|
Onex Corp., Canada’s largest publicly traded buyout firm, agreed to buy USI Insurance Services LLC from a fund run by Goldman Sachs Group Inc. in a transaction valued at $2.3 billion.
more
By Devin Banerjee and Sean B. Pasternak |
|
(Updated, 4 p.m.) CVS Caremark Corp. has commenced cash tender offers for any and all 6.6 percent senior notes due 2019 as well as for 6.125 percent senior notes due 2016 and 5.75 percent senior notes due 2017.
more
By PBN Staff
|
|
The five largest U.S. mortgage servicers have provided about $26.1 billion for borrowers so far under a $25 billion settlement over abusive foreclosure practices, according to a court-appointed monitor.
more
By Clea Benson |