GreenPoint entering new loan niche in $473m deal

Timmons, Heather
December 1998
American Banker;12/10/98, Vol. 163 Issue 235, p1
Trade Publication
Discloses GreenPoint Financial Corp.'s plans to buy Larkspur, California-based Headlands Mortgage Co. for $473 million. GreenPoint's transformation from a one-product specialist to a multifaceted nationwide organization; Loans originated by Headland in 1998; Banks' mixed results with nonconventional mortgage lending; Appointment of Peter T. Paul as vice chairman of GreenPoint.


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