Mergers and Acquisitions

Mergers and Acquisitions News from Mortgage & Finance News magazine

Bank of Southern California Completes Acquisition of Opus Bank Branch

Mortgage and Finance News: (SAN DIEGO, Calif.) Bank of Southern California, N.A. (OTC Pink: BCAL) has completed the purchase of the deposits of the La Quinta branch of Opus Bank. The transaction closed on Friday, August 19, 2016. Customers of the Opus Bank La Quinta branch were consolidated into the existing La Quinta branch of Bank of Southern California. As of Monday, August 22, 2016, the former Opus Bank La Quinta customers now have access to all Bank of Southern California locations, including three Coachella Valley branches located in La Quinta, El Paseo-Palm Desert, and Rancho Mirage.

Titan Lenders Corp. Announces Acquisition by MetaSource LLC

Mortgage and Finance News: (DENVER, Colo.) Mortgage services expert Titan Lenders Corp. (Titan) announced it has been acquired by Utah-based MetaSource, LLC. Terms of the deal were not disclosed. The acquisition of Titan broadens the company's footprint in data-centric mortgage services.

Healthcare Insights, LLC and NOMISe Systems, Inc. Announce Merger Plans

Mortgage and Finance News: (LIBERTYVILLE, Ill.) Healthcare Insights, LLC, a financial management software firm serving the healthcare industry, and NOMISe Systems, Inc., a provider of hospital cost accounting and patient analytics solutions, today announced the merger of their business operations. The new company will operate under the Healthcare Insights name with an expanded and improved suite of software products, consulting, and outsourced solutions marketed under the INSIGHTS(R) software and NOMISe(R) services brands.