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Loan Modification

: Loan Modification & Home Loan News

One West Bank billionaires under the spotlight

By Moe Bedard

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According to a press release, under the terms of the transaction OneWest acquired $3.6 billion in assets, including $3.3 billion in loans, and $2.8 billion in deposits of La Jolla, as of Dec. 31, 2009. The FDIC and OneWest have entered into a loss-sharing agreement covering a majority of the acquired loans. Last March OneWest completed [...]

Full post as published by Loan Modification & Home Loan News on March 01, 2010 (boomark / email).

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