| Parent saves Ocean Bank after $53M loss A capital injection from Ocean Bank’s parent company saved it from falling below “well capitalized” status by taking some of the sting out of the bank’s $52.8 million second quarter loss. feeds.bizjournals.com |
Growth of CMBS delinquencies slows There's finally a glimmer of good news in the battered market for commercial mortgage-backed securities. feeds.bizjournals.com |
Fed OKs Banco Davivienda branch in Miami The Federal Reserve Board approved the application of Colombia’s third-largest bank to open an international branch in Miami. feeds.bizjournals.com |
Affidavit problem stalls GMAC foreclosures Thousands of home foreclosure cases in Florida and nationwide might have been stalled by the sworn testimony of one GMAC Mortgage employee. feeds.bizjournals.com |
Sunz Insurance expands Sunz Insurance Co. added three more states to its coverage area, allowing the company to write workers’ compensation policies in a total of 13 states nationally. feeds.bizjournals.com |