Operations
Deal follows February announcement of acquisition of Rushmore parent, Roosevelt Management Co.
Meeting expected to formalize settlement that expanded board; also files annual report showing it cut staff by 54% in 2022.
Fairway CEO says the group of 40 was let go for 'lack of production'
Florida-based bank acquiring mortgage assets, staff of N.D. bank.
The plans are intended to promote sustainable homeownership and rental opportunities for underserved communities of color nationwide.
Bank lays off an unspecified number of employees from its Home Mortgage unit.
Company agrees to expand board and immediately add Hsieh's nominee for director, WFG CEO Steve Ozonian.
Calif.-based company has rehired ‘at least half’ of 150 employees it laid off last year.
Also names Graham A. Fleming its CEO and promotes Kristen N. Sieffert to president.
Announcement comes less than a month after it sold its retail operations to CMG Financial