John Thain

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  • CIT to Leave Reverse Mortgage Business

    The sale of Financial Freedom, CIT’s reverse mortgage servicing business, and its $900 million portfolio is expected to close in the second quarter of 2018.

    National 12 October 2017 12:43
  • CIT to Buy OneWest Bank for $3.4B

    Calling it a “transformational transaction,” CIT Group Inc. chairman & CEO John Thain said the New York-based commercial lender would more than double in size if the planned $3.4 billion acquisition of Southern California’s OneWest Bank, N.A. is approved by federal regulators.

    National 23 July 2014 13:54

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