AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Essex Completes LoanCare Spin-Off.(with the merger of Essex into Southern Financial Bancorp)(Brief Article)

Mortgage Servicing News

| April 01, 2004 | COPYRIGHT 2004 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The spin-off of LoanCare Servicing Center from Essex Bancorp has been completed along with the merger of Essex into Southern Financial Bancorp.

Under terms of the previously announced merger, existing shareholders of Essex own 75.1% of LoanCare and Southern Financial owns 24.9% of the firm.

LoanCare is a subservicer of mortgage loans for various investors. Gene Ross, chairman and CEO of Essex prior to the merger, has been named CEO of LoanCare.

The merger mania isn't over for Southern Financial Bancorp. Last November, the company entered into an agreement to merge into Provident Bankshares Corp., and both companies have filed relevant ...

Related articles from newspapers, magazines, journals, and more
Southern Financial Bancorp Announces Annual Meeting and Live Investor...
Press release article from: PR Newswire April 21, 2003 700+ words
Southern Financial Bancorp, Inc. announced today that...Financial conference call. Southern Financial Bancorp, Inc. is the holding company...Ferrick, Senior VP and CFO, of Southern Financial Bancorp. Inc., +1-540-349...
Southern Financial Bancorp Announces Cash Dividend and Third Quarter Earnings...
Press release article from: PR Newswire October 23, 2003 700+ words
...Board of Directors of Southern Financial Bancorp, Inc. has declared...Financial conference call. Southern Financial Bancorp, Inc. is the holding...Senior VP and CFO of Southern Financial Bancorp, Inc., +1-540...
Southern Financial Bancorp Reports First Quarter Earnings Increase of 35.9%.
Press release article from: PR Newswire April 26, 2001 700+ words
...PRNewswire/ -- The Board of Directors of Southern Financial Bancorp, Inc. (Nasdaq: SFFB) reported...to the operator and reference the Southern Financial conference call. Southern Financial Bancorp, Inc. is the holding company of...
Southern Financial Bancorp, Inc. and Essex Bancorp, Inc. Sign Definitive...
Press release article from: PR Newswire July 24, 2003 700+ words
...Executive Officer of Southern Financial Bancorp, Inc. , and Gene D...Essex), with and into Southern Financial Bancorp, Inc. (Southern Financial...2003, by and among Southern Financial Bancorp, Inc., Essex Bancorp...
Southern Financial Bancorp Declares Increase in Quarterly Dividend
Press release article from: PR Newswire April 24, 1997 700+ words
...Board of Directors of Southern Financial Bancorp, Inc. (Nasdaq-NNM...Northern Virginia region. Southern Financial Bancorp, Inc. Common Stock...symbol, "SFFB." SOURCE Southern Financial Bancorp, Inc. -0- 04/24...
Provident Bankshares Corporation Announces 9.2% Earnings Growth for First...
Press release article from: PR Newswire April 21, 2004 700+ words
...Company's merger with Southern Financial Bancorp, Inc. The Company continued...first quarter end 2003. Southern Financial Bancorp Inc. Merger Maryland...proposed merger with Southern Financial Bancorp. Southern Financial...
Southern Financial Bancorp Consummates Merger With The First Savings Bank of...
Press release article from: PR Newswire September 5, 2000 700+ words
...Executive Officer of Southern Financial Bancorp, Inc. (Nasdaq: SFFB...Board of Directors of Southern Financial Bancorp." The signage on the...products and services. Southern Financial Bancorp is a bank holding company...
Southern Financial Bancorp Announces New International Department of Southern...
Press release article from: PR Newswire March 19, 2003 700+ words
Southern Financial Bancorp, Inc. announced today the...funds transfer. In 1999, Southern Financial Bancorp acquired Darien's systems...Bank will fill that void. Southern Financial Bancorp, Inc. is the holding company...
For more facts and information, see all results

Source: HighBeam Research, Essex Completes LoanCare Spin-Off.(with the merger of Essex into...

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA