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A service for Realtors · Wednesday, March 5, 2025 · 791,289,358 Articles · 3+ Million Readers
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Mortgage Portfolio News Monitoring

  • Published on Mar 3, 2025

    Saudi PIF unit inks $906m mortgage portfolio acquisition deal

    The Saudi Real Estate Refinance Company (SRC), a PIF company, has signed a SAR3.4 billion mortgage portfolio acquisition agreement with the Saudi National Bank (SNB), Saudi Arabia’s largest financial institution.    The deal marks one of the largest …

    Source: Trade Arabia - Neutral
  • Published on Mar 3, 2025

    Saudi SRC signs $907mln deal to acquire mortgage portfolio from Saudi National Bank

    The Saudi Real Estate Refinance Company (SRC) has signed a 3.4 billion riyals ($907 million) agreement with Saudi National Bank (SNB) to acquire a mortgage portfolio, in a deal in which the largest bank in the kingdom is able to free up its capital and the …

    Source: Zawya - Uncategorized
  • Published on Mar 4, 2025

    LA-based Hope gets regulatory nod to merge with Territorial

    Los Angeles-based Hope Bancorp has received regulatory approval to merge with Honolulu-based Territorial Bancorp, the lenders announced Monday. Following the merger’s completion, expected at the beginning of April, the Territorial franchise in Hawaii will …

    Source: Banking Dive - Neutral
  • Published on Mar 4, 2025

    Bank Leumi Reports A 40% Increase In The Net Income For 2024, Which Amounted To NIS 9.8 Billion ($2.7 Billion) ROE - ...

    (MENAFN- PR Newswire) Return on equity in Q4 2024: 16.2% Capital return in Q4 2024 amounts to NIS 980 million ($269 million), out of which NIS 706 million ($194 million) is cash dividend and the remainder is share buyback – which together constitute 40% of …

    Source: MENAFN - Uncategorized
  • Published on Mar 3, 2025

    LA fires magnify climate risks to mortgage industry

    Veronica Jones bought her house in Altadena, California, in 1965. In the six decades since then, her block has seen many changes. But only the devastating Eaton Fire early this year managed to empty it out. "We have 11 homes on our block," Jones …

    Source: American Banker - New York - Neutral
  • Published on Mar 3, 2025

    Hope Bancorp gets regulatory go-ahead to buy Territorial

    Hope Bancorp in Los Angeles said Monday it expects to complete its pending acquisition of Territorial Bancorp in Honolulu in April after receiving regulatory approvals. The regulatory thumbs-up comes several months after the all-stock deal, which was …

    Source: American Banker - New York - Neutral
  • Published on Feb 27, 2025

    Banks see 2.3 percent increase in net income in Q4

    Commercial banks and savings institutions generated $66.8 billion in net income in the fourth quarter, up 2.3 percent from the previous quarter. © Shutterstock For the full year, the banking industry reported net income of $268.2 billion, up 5.6 percent …

    Source: Financial Regulation News - Washington D.C. - Neutral
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