San Angelo-based Crockett National Bank has acquired a controlling interest in San Antonio's Legacy Mutual Mortgage. Terms weren't disclosed. Legacy Mutual's operations will be run by Dan Diepenhorst, president and CEO, and Josh Sigman, vice president of sales. The firm previously was jointly owned by founder Bob Gardner; San Antonio lawyer Tom Robins; Jim Horan, former CFO; and Diepe
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Crockett acquires stake in mortgage lender
Posted by mortgage 11 days ago (Editorial)
Citigroup to Sell Stake in Indian Mortgage Lender
Posted by mortgage 89 days ago (Editorial)
Citigroup plans to shed its stake in the Housing Development Finance Corporation of India, a move that could raise more than $2 billion for the bank.
Citigroup Exits India Mortgage Firm With $1.9 Billion Stake Sale
Posted by mortgage 89 days ago (Editorial)
Citigroup Inc. exited an almost seven-year investment in India?s largest mortgage lender after selling its stake in Housing Development Finance Corp. for 95.5 billion rupees ($1.9 billion), according to a person with knowledge of the matter.
Citigroup Seeks To Sell Entire HDFC Stake; May Raise Up To $2.07 Billion
Posted by mortgage 90 days ago (Editorial)
Citigroup Inc. (C) is looking to raise up to $2.07 billion by selling its entire stake in Indian mortgage lender Housing Development Finance Corp. (500010.BY).
Carlyle Pares Stake In Housing Development Finance Corp, Raises $273.4 Million
Posted by mortgage 111 days ago (Editorial)
The Carlyle Group Wednesday sold around a quarter of its stake in India's Housing Development Finance Corp. (500010.BY) for US$273.4 million, in its first sale of shares in the Indian mortgage lender the U.S. private equity firm bought into five years ago.
Famous Bettor Against Subprime Kyle Bass Now Has A Big Stake In A Mortgage Insurer
Posted by mortgage 190 days ago (Editorial)
Nearly four years ago Dallas-based Hayman Capital Management's portfolio manager Kyle Bass profited big time on his bets against the sub-prime mortgage market.
Famous Better Against Subprime Kyle Bass Now Has A Big Stake In A Mortgage Insurer
Posted by mortgage 197 days ago (Editorial)
Nearly four years ago Dallas-based Hayman Capital Management's portfolio manager Kyle Bass profited big time on his bets against the sub-prime mortgage market.
Citi cuts stake in India-based finance company
Posted by mortgage 343 days ago (Editorial)
Citigroup Inc. on Tuesday said it has reduced its minority ownership stake in an India-based mortgage lender to comply with new international rules designed to ensure banks limit risks that could leave them vulnerable in a financial crisis.
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