Items Tagged with 'Beal Bank'


  • Beal Bank founder buys North Texas’ largest home for $100 million

    Andy Beal buys estate previously owned by Tom Hicks
    A spectacularly massive home that already broke records for its size is about to break records for its price tag as well. The largest and perhaps most notorious home in North Texas has found a buyer, as Andy Beal, the billionaire founder of Beal Bank, has reportedly agreed to buy the home of Dallas businessman Tom Hicks for $100 million.
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  • FDIC, Subprime Lender?

    The most interesting tales coming out the current housing debacle are those being played out in courtrooms throughout the nation -- and one involving Texas-based Beal Bank SSB and the Federal Desposit Insurance Corp. is one that is sure to capture the mortgage industry's interest.
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  • Nationstar Completes Acquisition of Champion Mortgage

    Dallas-based Nationstar Mortgage LLC announced Thursday that it has completed the acquisition of the Parsippany, N.J.-based Champion Mortgage origination platform from KeyCorp (NYSE: KEY). The transaction was previously announced December 1, 2006 and includes over 250 employees and four call centers located in Parsippany, N.J., Marlborough, Mass, Melville, N.Y. and Marlton, N.J. The acquisition does not include the $2 billion Champion Mortgage loan portfolio, which was sold separately to HSBC Holdings, Plc.
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