Industry News

Hamilton Bancorp Inc. reported a loss of $335,000 in the first fiscal quarter of 2017, a 384 percent drop from a $118,000 profit in the April-to-June quarter last year. The Towson parent company of Hamilton Bank attributed the loss to $674,000 in branch consolidation and acquisition costs related to its May acquisition of Fraternity Community Bancorp, the parent of Fraternity Federal Savings and Loan Association, in May. The Towson parent company of Hamilton Bank had..."/>
BRIEF: Hamilton Bancorp reports first quarter loss [The Baltimore Sun]
Thrift & Glitz finds new home [The Repository, Canton, Ohio]
Aetna Inc.-Humana Inc. deal will ultimately go through, while the proposed Anthem Inc. acquisition of Cigna Corp. will fail. Moody's Investors Service said in a research note issued Monday that Anthem's proposed $54 billion purchase of Cigna will probably not be approved. It cited the Department of Justice lawsuit announced July 21 seeking to block the deal "and the overall negative..."/>
Analysts: Aetna-Humana Deal Still Probable, Anthem-Cigna Unlikely [The Hartford Courant]
ICICI Bank Ltd, the country's largest private sector bank, is expanding its presence in the distressed assets segment in India. The bank has signed a memorandum of understanding with Apollo India Credit Opportunity Management Llc and AION Capital Management Ltd to launch an asset reconstruction company, it said in a press release on Monday. "The MoU envisages the establishment of an asset reconstruction company, subject to regulatory approvals, and acquisition..."/>
ICICI Bank, Apollo India to start asset reconstruction company [Mint, New Delhi]
CMBS Conduit Lending Sinks [Mortgage Daily]
Federal Home Loan Mortgage Corp. led a month-over-month rise in the securitization of agency mortgages, which soared to a three-year high. Issuance of fixed-rate mortgage-backed securities on behalf of Fannie Mae, Freddie Mac and Ginnie Mae totaled $126.884 billion during July. Securitization activity last month was greater than it has been during any month since July 2013, when fixed-rate issuance came to $139.366 billion."/>
3-Year High for Agency MBS Issuance [Mortgage Daily]
Ocwen Financial Corp.' s servicing unit landed at the bottom. On a thousand-point scale, the average customer satisfaction score for the nation's largest residential loan servicers was 755 for 2016.. Home-loan borrowers' satisfaction with their mortgage servicers has improved compared to a year earlier, when the average score was 718.."/>
Ocwen's Borrowers Least Satisfied [Mortgage Daily]
RBS braced for yet another year of losses [Daily Mail, London]
Daily Mail, London, business briefs column [Daily Mail, London]
Brixmor Property Group Inc. announced today the pricing of a secondary offering of 30,000,000 shares of its common stock by certain selling stockholders affiliated with Blackstone Real Estate Partners, which is expected to result in gross proceeds to the Selling Stockholders of approximately $828 million. The offering is expected to close on August 5, 2016, subject to customary closing conditions. Brixmor did not offer any shares of common..."/>
Brixmor Property Group Prices Secondary Offering
Tableau Software a darling of the technology sector and one of Seattle's fastest-growing employers. But if the hangover of the past six months is any indication, Tableau has some work to do. Growth at the Seattle-based company, which makes software used to analyze information and make sense of it with visual tools, is slowing as competitors like Microsoft take aim at the market for next-generation data tools."/>
Tableau hits a rough patch; investors watch for earnings [The Seattle Times]
Resource Capital Corp.. On August 1, 2016, RSO entered into an agreement to sell Northport TRS, LLC, its self-originated middle market loan business, for $247.0 million. The sale is expected to close on or before August 5, 2016 with net proceeds of approximately $102.0 million."/>
Resource Capital Corp. Reports Results for Three and Six Months Ended June 30, 2016
Anchor Bancorp's profit fell to $335,000 for its fiscal fourth quarter, compared to $624,000 in the same period a year ago. Earnings per share fell to 14 cents from 25 cents in the same year-over-year period."/>
BRIEF: Anchor, Timberland report quarterly earnings [The Olympian (Olympia, Wash.)]
CVB Financial Corp., will be making a presentation and hosting one-on-one meetings with investors at the Keefe, Bruyette& Woods 2016 Community Bank Investor Conference on Tuesday and Wednesday, August 2nd and 3rd, 2016. The conference will take place at The Waldorf Astoria in New York, NY. Myers will be giving a formal presentation on Tuesday, August 2, 2016 at 10:00 a.m.."/>
CVB Financial Corp. to Present at the Keefe, Bruyette & Woods 2016 Community Bank Investor Conference
CareTrust REIT, Inc. announced today that it plans to issue its second quarter 2016 financial results after the market closes on Monday, August 8, 2016. Representatives of CareTrust's management team will host a call to discuss the results the following day.. CareTrust invites current and prospective investors to tune in to its call and webcast on Tuesday, August 9, 2016 at 1:00 p.m. Eastern Time, during which CareTrust's management team will..."/>
CareTrust REIT Schedules Second Quarter 2016 Earnings Call for Tuesday, August 9, 2016

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