BNET Industries
Fremont General Corp. (FMNT Q) is in the Financial Services Industry
Latest News and Analysis
Fremont General Corporation Sells its Remaining Mortgage Servicing Rights to Litton Loan Servicing LP
BREA, Calif., June 3 /PRNewswire-FirstCall/ -- Fremont General Corporation ("Fremont General" or the "Company") (Pink Sheets: FMNT), doing business primarily through its wholly-owned bank subsidiary, Fremont Investment & Loan ("FIL" or the "Bank"), announced that FIL completed the previously announced sale of its remaining mortgage servicing rights ("MSR's") on...
Fremont General Corporation Enters Into Definitive Agreement to Sell Its Remaining Mortgage Servicing Rights to Litton Loan Servicing LP
BREA, Calif., May 8 /PRNewswire-FirstCall/ -- Fremont General Corporation ("Fremont General" or the "Company") (Pink Sheets: FMNT), doing business primarily through its wholly-owned bank subsidiary, Fremont Investment & Loan ("FIL"), announced today that FIL has entered into an Asset Purchase Agreement (the "Agreement") with Litton Loan Servicing LP, a...
Fitch Downgrades Fremont General Corp IDR to 'CC'; Rtg Outlook Revised to Negative
NEW YORK -- Fitch Ratings has downgraded and affirmed the following ratings of Fremont General Corporation FMT and its subsidiaries and revised the Rating Outlook to Negative from Evolving:
Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Announces Class Action Lawsuit Against Fremont General Corporation
WASHINGTON -- The law firm Cohen, Milstein, Hausfeld & Toll, P.L.L.C. has filed a lawsuit in the United States District Court for the Central District of California on behalf of its client and on behalf of other similarly situated purchasers of Fremont General Corporation ("Fremont General" or the "Company") (NYSE:FMT)...
Brower Piven Announces the Filing of a Class Action Lawsuit Against Fremont General Corporation
Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of purchasers of the common stock of Fremont General Corporation ("Fremont" or the "Company") (NYSE: FMT) between May 9, 2006 and February...
INVESTOR ALERT: Susman Godfrey L.L.P. and Kahn Gauthier Swick, LLC Announce Filing of Securities Fraud Class Action Lawsuit Against Fremont General Corporation
Susman Godfrey L.L.P. and Kahn Gauthier Swick, LLC ("KGS") have filed a class action lawsuit against Fremont General Corporation ("Fremont" or the "Company") (NYSE: FMT) in the United States District Court for the Central District of California, on behalf of shareholders who purchased the common stock of the Company between...
Fremont Bank Not Associated With Fremont General Corporation
Fremont Bank, a San Francisco Bay Area community bank, is making an effort to reduce customer confusion caused by the similarity of names between Fremont Bank and Fremont General Corporation, a Southern California company that has been ordered to cease and desist its subprime lending activity by federal regulators.
Lawsuit alleges fraud in Fremont-Comstock merger; Separate suit by California Insurance Department says Fremont looted insurance subsidiary.(News)(Fremont General Corp)(Comstock Insurance Co)
Byline: JUDY GREENWALD SANTA MONICA, Calif.-Lawsuits filed by policyholders of a former reinsurance unit of Fremont General Corp. and by the California Insurance Department charge the company with abandoning policyholders and fraudulently appropri Byline: JUDY GREENWALD SANTA MONICA, Calif.-Lawsuits filed...
Fremont General Corp. Purchase of Workers' Compensation Business From Wellpoint Health Networks Closes
SANTA MONICA, Calif.--BUSINESS WIRE--Sept. 1, 1998--Fremont General Corp. (NYSE:FMT), a nationwide insurance and financial- services holding company, Tuesday announced the closing of its agreement to purchase UNICARE Specialty Services Inc., the workers'- compensation insurance subsidiary of WellPoint Health Networks Inc. (NYSE:WLP), one of the nation's largest publicly traded managed-care companies.
Fremont General Corp. Purchase of Workers' Compensation Business From Wellpoint Health Networks Closes
SANTA MONICA, Calif.--BUSINESS WIRE--Sept. 1, 1998--Fremont General Corp. (NYSE:FMT), a nationwide insurance and financial- services holding company, Tuesday announced the closing of its agreement to purchase UNICARE Specialty Services Inc., the workers'- compensation insurance subsidiary of WellPoint Health Networks Inc. (NYSE:WLP), one of the nation's largest publicly traded managed-care companies.
Fremont expands nationally with Industrial Indemnity. (Fremont General Corp.; Industrial Indemnity Co.)
SANTA MONICA, Calif. - Fremont General Corp. is moving closer to its goal of writing workers compensation insurance nationwide with its $365 million purchase of Industrial Indemnity Holdings Inc. The deal also moves Xerox Corp., the current owner of InSANTA MONICA, Calif. - Fremont General Corp. is...
Additional Resources
Fremont Investment & Loan Completes Sale of Its Deposits and Substantially All of Its Assets to CapitalSource Bank
BREA, Calif., July 25 /PRNewswire-FirstCall/ -- Fremont General Corporation (the "Company" or "FGC") (Pink Sheets: FMNTQ), doing business primarily through its wholly-owned bank subsidiary, Fremont Investment & Loan ("FIL" or the "Bank"), announced today that the Company completed the sale of a substantial portion of FIL's remaining assets, including...
BenchmarkJournal.com Sector Analysis for FMNTQ, PSPM, GETG, AITP
Benchmark Journal brings independent company andsector research together, utilizing top financial advisors and investmenttactics to provide you with a clear picture of investment opportunities.Once you register as a free member to www.benchmarkjournal.com , you will begranted full access to our site, including sector analysis and companyanalysis. Our...
The Daily Record News Summaries: June 24, 2008
CapitalSource stock plunges CapitalSource Inc., the Chevy Chase-based asset manager that bought the banking business of bankrupt California-based Fremont General Corp., fell the most in five years after saying it sold mortgage-backed assets at a loss of $36.1 million this quarter. In a...
Court Enters Order Restricting Trading in Equity of Fremont General Corporation
BREA, Calif., June 23 /PRNewswire-FirstCall/ -- Fremont General Corporation ("Fremont General" or the "Company") (Pink Sheets: FMNT), doing business primarily through its wholly-owned bank subsidiary, Fremont Investment & Loan ("FIL" or the "Bank"), announced today that the United States Bankruptcy Court for the Central District of...
The Daily Record News Summaries: June 20, 2008
Md.'s tech economy shows gain Maryland has the second-best economy for science and technology in the U.S., according to a report from a California economic think tank. The Santa Monica-based Milken Institute released its science and technology index Thursday, ranking state economies based...
Fremont General Corporation Announced That CapitalSource Inc. Has Received All Requisite Regulatory Approvals for Purchase of Bank Deposits and Branches and Certain Bank Assets by Newly-Approved CapitalSource Bank
- FREMONT GENERAL CORPORATION PARENT COMPANY HAS FILED FOR RELIEF UNDER CHAPTER 11 OF THE U.S. BANKRUPTCY CODE - - FREMONT GENERAL CORPORATION FILES MOTION WITH BANKRUPTCY COURT FOR APPROVAL OF CAPITALSOURCE TRANSACTION - BREA, Calif., June 18 /PRNewswire-FirstCall/ -- Fremont General...
Fitch Withdraws Fremont General's Ratings
NEW YORK -- Fitch Ratings has withdrawn its ratings on Fremont General Corporation FMT as follows: --Long-term Issuer Default Rating IDR of 'D' is withdrawn; --Individual Rating of 'F' is withdrawn; --Senior unsecured debt of 'C/RR6'is withdrawn. Fremont General...
Fremont General Corporation Sells its Remaining Mortgage Servicing Rights to Litton Loan Servicing LP
BREA, Calif., June 3 /PRNewswire-FirstCall/ -- Fremont General Corporation ("Fremont General" or the "Company") (Pink Sheets: FMNT), doing business primarily through its wholly-owned bank subsidiary, Fremont Investment & Loan ("FIL" or the "Bank"), announced that FIL completed the previously announced sale of its remaining mortgage servicing rights ("MSR's") on...
Fremont General Enters Into Forbearance Agreement With Majority Senior Debt Holder
BREA, Calif., June 2 /PRNewswire-FirstCall/ -- Fremont General Corporation ("Fremont General" or the "Company") (Pink Sheets: FMNT), doing business primarily through its wholly-owned bank subsidiary, Fremont Investment & Loan ("Bank"), announced today that the Company entered into a Forbearance Agreement (the "Agreement") with Tennenbaum Multi-Strategy Master Fund ("Tennenbaum"), the...
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- Incorporated: 1972
- CEO: Mr. Stephen H. Gordon
Fremont General is a financial services holding company. Co.'s financial services operations are consolidated within Fremont General Credit Corporation, which is engaged in commercial and residential (consumer) real estate lending nationwide through its California-chartered industrial bank subsidiary, Fremont Investment & Loan. The financial services operation is primarily funded through deposit accounts that are insured up to the maximum legal limit by the Federal Deposit Insurance Corporation, and to a lesser extent, advances from the Federal Home Loan Bank.
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Fremont General Corp. Company Info
Board of Directors
Mr. Stephen H. Gordon
Chairman
Mr. Robert J. Shackleton
Mr. Barney R. Northcote
Mr. David S. DePillo
Vice-Chairman
Mr. Thomas W. Hayes
Mr. Robert F. Lewis
Mr. Russell K. Mayerfeld
Mr. Dickinson C. Ross
Mr. John C. Loring
Mr. Richard A. Sanchez
Mr. Mark E. Schaffer
Contact Information
2425 Olympic Blvd.
Santa Monica, CA
310 315-5500
NAICS Code
Direct Property and Casualty Insurance Carriers: 524126Brought to you by IBM
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