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American Home Mortgage Investment Corporation was the 10th largest retail mortgage lender in the United States and was structured as a real estate investment trust (REIT). In 2007, it filed for bankruptcy and was liquidated.
Acquired bank Merged entity Transaction value Ultimate successor 1900 [1] North American Trust Company: International Banking and Trust Company: North American Trust Company: JPMorgan Chase: 1901 Berks County Trust Company: Schuylkill Valley Bank: Berks County Trust Company: Wells Fargo: 1903 [2] First National Bank of Boston: Massachusetts Bank
Also acquired was a troubled "savings and loan" in Norwest's home state, First Minnesota Savings Bank. The largest purchase yet came in 1992 when Norwest paid about $420 million in stock for United Banks of Colorado Inc., a bank based in Denver with total assets of $6.3 billion.
Nationstar Mortgage Closes on Acquisition of Approximately $97 Billion in Mortgage Servicing Assets from Bank of America LEWISVILLE, Texas--(BUSINESS WIRE)-- Nationstar Mortgage Holdings Inc. (NYS ...
Prospect sold the operating assets of its appraisal management subsidiary, Velocette Resource Group, in April of that year. Ranked number nine on Mortgage Executive Magazine ' s list of the "Top 100 Mortgage Companies in America" in 2014, Prospect Mortgage was also named a top-15 national home purchase lender that year. [15]
2004: National City acquired Wayne Bancorp, a bank holding company headquartered in Wooster, Ohio, which operated 26 branches and had $825 million in assets. Also acquired Allegiant Bancorp to enter the St. Louis market, adding 36 branch locations to National City's network of 1,100 retail offices located throughout the Midwest. [91]
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Nationstar Mortgage Announces Agreement to Acquire Approximately $215 Billion in Mortgage Servicing Assets from Bank of America LEWISVILLE, Texas--(BUSINESS WIRE)-- Nationstar Mortgage Holdings ...