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- Sumitomo Trust Buying First Credit Corp. (AP via Yahoo! News)
- Fri, 14 Oct 2024 11:49:27 GMT
- Sumitomo Trust & Banking Co. of Japan, the country's second largest trust bank, said Friday it has agreed to buy First Credit Corp. from U.S. investment fund Lone Star Group for about $1.14 billion, obtaining a strong player in Japan's mortgage-backed loan business.
- Mortgage lenders WaMu, Golden West report next week (CBS Market Watch)
- Thu, 13 Oct 2024 21:37:56 GMT
- NEW YORK (MarketWatch) - Investors next week will get their best glimpse yet of how mortgage lenders are holding up amid rising interest rates and declining home loan applications when two of the nation's largest lenders post third quarter results.
- Sumitomo Trust to Buy Lone Star's First Credit (Update2) (Bloomberg)
- Fri, 14 Oct 2024 10:06:40 GMT
- Oct. 14 (Bloomberg) -- Sumitomo Trust & Banking Co., Japan's fifth-largest bank, said it will buy First Credit Corp. from Lone Star Funds for 130 billion yen ($1.13 billion), entering the mortgage business as land prices recover from a 15-year slump.
- Lone Star to sell mortgage unit to Sumitomo Trust (Reuters via Yahoo! Asia News)
- Fri, 14 Oct 2024 02:06:13 GMT
- TOKYO, Oct 14 (Reuters) - U.S. private equity fund Lone Star plans to sell its Japanese mortgage unit to Sumitomo Trust, marking the third time the firm is cashing out of a major Japanese investment this year.
- Sumitomo Trust Plans to Buy Lone Star's First Credit (Update6) (Bloomberg)
- Fri, 14 Oct 2024 07:01:27 GMT
- Oct. 14 (Bloomberg) -- Sumitomo Trust & Banking Co., Japan's fifth-largest bank, will buy First Credit Corp. from Lone Star Funds for more than 100 billion yen ($874 million), entering the mortgage business as land prices recover from a 15-year slump.
- Sumitomo Trust Plans to Buy Lone Star's First Credit (Update4) (Bloomberg)
- Fri, 14 Oct 2024 04:46:27 GMT
- Oct. 14 (Bloomberg) -- Sumitomo Trust & Banking Co., Japan's fifth-largest bank, will buy mortgage lender First Credit Corp. from Lone Star Funds for more than 100 billion yen ($874 million) as land prices recover from a 15-year slump.
- Sumitomo Trust Plans to Buy Lone Star's First Credit (Update5) (Bloomberg)
- Fri, 14 Oct 2024 05:31:27 GMT
- Oct. 14 (Bloomberg) -- Sumitomo Trust & Banking Co., Japan's fifth-largest bank, will buy First Credit Corp. from Lone Star Funds for more than 100 billion yen ($874 million), expanding its mortgage business as land prices recover from a 15-year slump.
- Sumitomo Trust Plans to Buy Lone Star's First Credit (Update3) (Bloomberg)
- Fri, 14 Oct 2024 03:51:36 GMT
- Oct. 14 (Bloomberg) -- Sumitomo Trust & Banking Co., Japan's fifth-largest bank, will buy mortgage firm First Credit Corp. from Lone Star Funds for more than 100 billion yen ($874 million) as land prices recover from a 15-year slump.
- Sumitomo Trust Plans to Buy Lone Star's First Credit (Update2) (Bloomberg)
- Fri, 14 Oct 2024 02:31:27 GMT
- Oct. 14 (Bloomberg) -- Sumitomo Trust & Banking Co., Japan's fifth-largest bank, will buy local mortgage firm First Credit Corp. from Lone Star Funds to begin lending to home buyers as land prices recover in the world's second-biggest economy.
- Sumitomo Trust buying First Credit for $1.1B from U.S. investment fund (Canadian Business)
- Fri, 14 Oct 2024 13:19:34 GMT
- TOKYO (AP) - Sumitomo Trust & Banking Co. of Japan, the country's second-largest trust bank, said Friday it has agreed to buy First Credit Corp. from U.S. investment fund Lone Star Group for about $1.14 billion US, obtaining a strong player in Japan's mortgage-backed loan business.