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Hilltop Holdings in Dallas has disclosed that its mortgage unit is under federal investigation in connection with underwriting practices for loans backed by the Federal Housing Administration.
November 7 -
Hilltop Holdings (HTH) in Dallas has finally reached an agreement to buy the remaining shares in SWS Group (SWS) that it does not already own.
April 2 -
PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.
October 24
Hilltop Holdings in Lubbock, Texas, plans to issue $150 million in senior debt.
The $8.7 billion-asset company said in
Hilltop said it plans to use the capital raised from the debt issue to redeem $114.1 million in non-cumulative perpetual preferred stock and general corporate purposes.
A Hilltop spokeswoman said Tuesday that the preferred stock being eyed for redemption was issued as part of the Treasury Department's Small Business Lending Fund.
