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GreenPoint also Upgraded.
New York -- Fitch Ratings upgraded GreenPoint Mortgage Funding's residential primary servicer ratings for alt-A and home-equity products to "RPS2" from "RPS2-minus.
Fitch said the primary servicer ratings are based on GreenPoint's experienced management team, upgraded technology, and established loan administration procedures. The ratings also reflect the financial strength of GreenPoint's parent corporation, North Fork Bancorporation, which is rated "A-minus" by Fitch.
GreenPoint Mortgage's servicing division, based in Columbus, Ga., has serviced a broad array of products for more than 12 years, Fitch said. GreenPoint's servicing portfolio contained more than 303,000 loans with an aggregate balance exceeding $45 billion as of March.
GreenPoint's servicing portfolio comprises 36% ...
- North Fork Announces $6.3 Billion Greenpoint Acquisition; Earnings Impact...
- Press release article from: PR Newswire February 16, 2004 700+ words
North Fork Bancorporation, Inc. and GreenPoint Financial Corp. announced...definitive agreement in which North Fork will acquire GreenPoint in an all-stock transaction...residential lending. Both GreenPoint and North Fork employees will have new...
- Melville, N.Y.-Based North Fork Bank to Buy GreenPoint Financial Corp.
- Newspaper article from: Knight Ridder/Tribune Business News February 17, 2004 700+ words
...its own name. North Fork is known for its...banking business, GreenPoint for its large...will be renamed GreenPoint. North Fork said there will...will serve on North Fork's board. Bharat B. Bhatt, GreenPoint's president...
- North Fork rushes its GreenPoint conclusion; Slow integration plan abandoned,...
- Magazine article from: Crain's New York Business Fredrickson, Tom October 18, 2004 700+ words
...deciding how to blend GreenPoint's and North Fork's retail operations...than expected. "As North Fork bankers dug into GreenPoint's numbers, they found...determine which branches of North Fork and GreenPoint to keep. Now, he says...
- North Fork Bancorp acquires GreenPoint Financial.
- Magazine article from: Long Island Business News February 20, 2004 700+ words
...brainer." The North Fork/GreenPoint match-up will create...plans to rebrand 20 GreenPoint branches under the North Fork name in areas where...sites, building North Fork business centers inside GreenPoint branches, for additional...
- North Fork Announces $6.3 Billion Greenpoint Acquisition.
- Press release article from: Business Wire February 16, 2004 700+ words
...agreement in which North Fork will acquire GreenPoint in an all-stock...1.0514 shares of North Fork common stock for each GreenPoint share held, valuing...residential lending. Both GreenPoint and North Fork employees will have...
- CEO of Melville, N.Y.-Based North Fork Bank to Buy GreenPoint Financial.
- Newspaper article from: Newsday (Melville, NY) February 23, 2004 700+ words
...North Fork branches in existing GreenPoint Banks. North Fork currently has 171 branches. North Fork and GreenPoint are two distinctly different...Fork branch can be built into a GreenPoint branch. North Fork's focus is retail and small...
- North Fork Bancorp counts on GreenPoint Financial's popularity with consumers.
- Magazine article from: Long Island Business News February 20, 2004 700+ words
...brainer." The North Fork/GreenPoint match-up will create...plans to rebrand 20 GreenPoint branches under the North Fork name in areas where...sites, building North Fork business centers inside GreenPoint branches, for additional...
- North Fork Bancorp officially converts all GreenPoint branches on Long Island.
- Magazine article from: Long Island Business News September 2, 2005 700+ words
...Reich-Hale North Fork Bancorp has...erased the GreenPoint name from...steps in North Fork's $6...acquisition of GreenPoint, which it...will keep a GreenPoint location...an older North Fork branch...
- Event Brief of North Fork Announces Greenpoint Acquisition - Part 1.
- News wire article from: The America's Intelligence Wire February 17, 2004 700+ words
...NFB intends to continue to run GreenPoint and North Fork as they are now. NFB has identified 20 GreenPoint locations that are expected to...NFB intends to continue to run GreenPoint and North Fork as they are now. 2. Consumer...
- North Fork Announces Greenpoint Acquisition - Part 1.
- News wire article from: The America's Intelligence Wire February 17, 2004 700+ words
...representing the, all of the branches of North Fork, all the branches of GreenPoint and all the branches of Trust Company...now, we intend to continue to run GreenPoint as GreenPoint and North Fork as North Fork, making this even more...
Source: HighBeam Research, GreenPoint also Upgraded.